FI Evening Grain Comments 11/22/21

FI Evening Grain Comments 11/22/21

PDF Attached   USD was up 48 points today but that did not deter commodity long buyers from buying wheat, which supported soybeans and corn. Today we saw soybean oil share buying. US crop progress showed a slightly less than expected pace on corn and soybean...
FI Morning Grain Comments 11/22/21

FI Morning Grain Comments 11/22/21

PDF attached   Good morning   USD is 27 points higher and WTI crude down about 50 cents.  CBOT grains and soybean complex are higher this morning led by strength in wheat amid record contract highs in Paris. Global wheat demand remains robust. The...
FI Evening Grain Comments 11/21/21

FI Evening Grain Comments 11/21/21

PDF Attached   Many of the CBOT agriculture markets traded two-sided today. Sharply lower WTI crude oil weighted on soybean oil and corn. Soybean meal found support from ongoing strong US end user demand. US wheat was mostly higher following a record contract...
FI Ag Commitment of Traders 11/19/21

FI Ag Commitment of Traders 11/19/21

PDF attached   CFTC Commitment of Traders The CFTC Commitment of Trader report showed no major surprises this week as the traditional net positions came in near trade expectations.  The net long position for corn of nearly 400,000 contracts was roughly...