FI US Ethanol Snapshot 11/30/22

FI US Ethanol Snapshot 11/30/22

PDF attached   Weekly ethanol production fell 23,000 barrels per day to 1.018 million and stocks increased 105,000 barrels to 22.934 million. A Bloomberg poll looked for weekly US ethanol production to be down 3,000 thousand and stocks down 100,000 barrels to...
FI Morning Grain Comments 11/30/22

FI Morning Grain Comments 11/30/22

PDF attached   Good morning.   USDA reported private exporters reported sales of 136,000 tons of soybeans for delivery to China during the 2022-23 marketing year.   The soybean complex, corn, and Chicago wheat are higher this morning on widespread...
FI Evening Grain Comments 11/29/22

FI Evening Grain Comments 11/29/22

PDF Attached   WTI crude oil rallied on expectations for OPEC to cut oil production and rumors of China easing covid controls. Not all agree with that. A WSJ article this afternoon mentioned a group of delegates expect them to keep production levels flat. It will...
FI Morning Grain Comments 11/29/22

FI Morning Grain Comments 11/29/22

PDF attached   Good morning.   Look for positioning today ahead of December First Notice Day deliveries. WTI crude oil is rallying on expectations for OPEC to cut oil production and rumors of China easing covid controls. The USD is lower and US equities...
FI Evening Grain Comments 11/28/22

FI Evening Grain Comments 11/28/22

PDF Attached   USDA SAYS RELEASE OF ITS WEEKLY CROP PROGRESS REPORT WILL BE DELAYED UNTIL NOV. 29 DUE TO “SYSTEM OUTAGES” – Reuters News   USDA: Private exporters reported sales of 110,000 metric tons of soybeans for delivery to unknown...