FI Evening Grain Comments 01/12/23

FI Evening Grain Comments 01/12/23

PDF Attached   USDA report day. We attached our updated US balance sheets. Bullish for all CBOT main agriculture markets with prices ended higher. Grains were lower and soybean complex higher before the report but that all changed after USDA released multiple...
FI USDA January report snapshot

FI USDA January report snapshot

Attached   Winter wheat seedings larger than expected.   US soybean exports lowered 55 mil bu. Production down 70…stocks down 10 US SBO exports down 300 and food use up 300…stocks no change   US corn stocks down 15 they lowered US corn...
FI Morning Grain Comments 01/12/23

FI Morning Grain Comments 01/12/23

PDF attached   Good morning.  USDA report day.   US CPI was mostly in line with expectations at 6.5%, lowest since October 2021. Initial jobless claims were slightly below an average trade guess. WTI is higher, USD down 63 points and US equities mostly...
FI Evening Grain Comments 01/11/23

FI Evening Grain Comments 01/11/23

PDF Attached   Reuters: ARGENTINE 2022/23 SOYBEAN HARVEST SEEN AT 37 MLN TONNES VS 49 MLN TONNES PREVIOUSLY ESTIMATED -ROSARIO EXCHANGE ARGENTINE 2022/23 CORN HARVEST SEEN AT 45 MLN TONNES VS 55 MLN TONNES PREVIOUSLY ESTIMATED -ROSARIO EXCHANGE   Private...