FI Evening Grain Comments 12/29/22

FI Evening Grain Comments 12/29/22

PDF Attached   Today was position day for January futures. First Notice Day deliveries are expected to be light. Soybeans traded two-sided and ended higher. Soybean meal was lower and soybean oil higher (product reversal). Profit taking was seen for corn and...
FI Morning Grain Comments 12/29/22

FI Morning Grain Comments 12/29/22

PDF attached   Good morning   Today is position day for January futures.  We are looking for little, if any, First Notice Day meal deliveries, no soybeans, light soybean oil. There are no grain January futures.  USD was lower by 36 points earlier,...
FI Evening Grain Comments 12/28/22

FI Evening Grain Comments 12/28/22

PDF Attached   The USD was up 31 points by midafternoon, WTI crude lower by about 77 cents and US equities lower. Soybeans and soybean meal ended sharply higher. Soybean oil sold off on product spreading and lower outside related vegetable oil markets. Grains...
FI Morning Grain Comments 12/28/22

FI Morning Grain Comments 12/28/22

PDF attached     Good morning   USD was lower by 19 points earlier, WTI crude oil $1.48 lower, US equities higher, and gold down about $12. Higher trade in most US CBOT agriculture markets with exception to a reversal in soybean product spreads and lack...