FI Weekly USDA Export Sales Snapshot 11/03/22

FI Weekly USDA Export Sales Snapshot 11/03/22

PDF attached   USDA export sales were at the low end of expectations for soybeans and corn. Wheat was within expectations. USDA reported meal and oil sales below a range of estimates. Net sales of 830,200 MT for 2022-23 primarily for China (745,000 MT, including...
FI Evening Grain Comments 11//02/22

FI Evening Grain Comments 11//02/22

PDF Attached   Ukraine corridor reopens Thursday after Russia agreed to allow gain shipping to resume. The Russian defense ministry received written guarantees from Ukraine not to use the grain corridor for military action against Russia. Tensions are still...
FI US Ethanol Snapshot 11/02/22

FI US Ethanol Snapshot 11/02/22

PDF attached   US weekly ethanol production increased 7,000 barrels to 1.040 million and stocks decreased 59,000 barrels to 22.232 million. A Bloomberg poll looked for weekly US ethanol production to be up 5,000 thousand and stocks up 51,000. US ethanol...
FI Morning Grain Comments 11/02/22

FI Morning Grain Comments 11/02/22

PDF attached   Good morning.   USD is lower, WTI slightly lower and equities mixed ahead of US Fed rate decision day. CBOT wheat is sharply lower after Russia agreed to allow gain shipping to resume across the Black Sea grain export corridor. The Russian...
FI Evening Grain Comments 11/01/22

FI Evening Grain Comments 11/01/22

PDF Attached   CBOT soybeans rallied on technical buying, Brazil roadblocks affecting deliveries to ports, net drying across southern Brazil, expectations for US Gulf soybean shipments to slow, and strength in global vegetable oil markets. Corn traded two-sided,...