FI Morning Grain Comments 12/19/22

FI Morning Grain Comments 12/19/22

PDF attached   Good morning.   USD was slightly lower, WTI crude oil higher and US equity futures mixed. CBOT ag markets are mixed to lower. A recovery in US energy prices is supporting soybean oil while meal is trading down sharply from a forecast calling...
FI Evening Grain Comments 12/16/22

FI Evening Grain Comments 12/16/22

PDF Attached   Soybeans ended higher from strength in soybean meal over ongoing Argentina crop concerns. Soybean oil was lower from weakness in US energy prices. Corn ended moderately lower. That market was in limbo from higher soybeans and lower wheat.  ...
FI Ag Commitment of Traders 12/16/22

FI Ag Commitment of Traders 12/16/22

PDF attached   CFTC Commitment of Traders Funds and commercials changed their tune for the week ending December 13, exception soybean oil and wheat. There were no major surprises to the fund positions. For soybeans, traditional funds were a little more long than...
FI Morning Grain Comments 12/16/22

FI Morning Grain Comments 12/16/22

PDF attached   Good morning.   USD was down slightly, WTI crude sharply lower and US equity futures lower. Gold is higher. The South American and US weather forecast was mostly unchanged. Soybean meal is higher, lending support to soybeans. Soybean oil is...