FI Morning Grain Comments 06/13/23

FI Morning Grain Comments 06/13/23

PDF attached   Good morning.   US crop concerns are supporting corn and soybeans. Funds are thought to be getting back into the long side of the market, especially for corn. Wheat is mixed with Chicago higher and KC lower. The US Midwest weather outlook...
FI Evening Grain Comments 06/12/23

FI Evening Grain Comments 06/12/23

PDF Attached   FI’s US corn and wheat balance sheets are attached.   The market put the weekend rains and the WASDE report in the rear-view mirror today as traders focused on the next rain event for the Corn Belt on Thursday-Saturday this week and the...
FI Morning Grain Comments 06/12/23

FI Morning Grain Comments 06/12/23

PDF attached   Higher trade in soybeans, corn and Chicago wheat on technical buying and increasing US weather concerns. Parts of the upper Great Plains and northwestern Corn Belt saw net drying over the weekend. Other areas of the US received scattered shows with...
FI early opening calls, OI and Registrations

FI early opening calls, OI and Registrations

Please note I will be out of the office Monday but will have a light morning comment and late afternoon update on weekly crop progress.   2 files attached (Oi and current registrations) plus tables below that include inspections and CP estimates   Early...
FI Evening Grain Comments 06/09/23

FI Evening Grain Comments 06/09/23

PDF Attached   Attached are our US soybean complex balance sheets.   USDA: Private exporters reported sales of 197,000 metric tons of soybeans for delivery to unknown destinations during the 2022/2023 marketing year.   US mandate update A late afternoon...