FI Evening Grain Comments 01/25/23

FI Evening Grain Comments 01/25/23

PDF Attached   Soybeans saw technical buying after holding key moving averages the last 24 hours.  Wheat was higher on US and Germany helping arm Ukraine with armored vehicles. Corn ignored wheat and soybeans and fell on profit-taking after yesterday’s...
FI US Ethanol Snapshot 01/25/23

FI US Ethanol Snapshot 01/25/23

PDF attached   We advise to look at the 4-week averages for production and stocks.    US EIA reported weekly ethanol production up 4,000 barrels per day and stocks up 1.675 million. For comparison, a Bloomberg poll looked for weekly US ethanol...
FI Morning Grain Comments 01/25/23

FI Morning Grain Comments 01/25/23

PDF attached   Good morning.   Private exporters reported the following activity: -100,000 metric tons of corn for delivery to unknown destinations during the 2022/2023 marketing year -130,000 metric tons of soybeans for delivery to unknown destinations...
FI Evening Grain Comments 01/24/23

FI Evening Grain Comments 01/24/23

PDF attached include US what by class working estimates   Two-sided trade in the soybean complex. Sharply lower soybean oil pulled nearby soybeans lower. Meal ended higher but well-off intraday highs. Corn and wheat rallied on bottom picking. The morning weather...
FI Morning Grain Comments 01/24/23

FI Morning Grain Comments 01/24/23

PDF attached   Good morning.   Private exporters reported sales of 130,000 metric tons of corn for delivery to unknown destinations during the 2022/2023 marketing year.  News was again light. The USD is slightly higher, WTI down 1 cent and US equities...