FI US Ethanol Snapshot 10/05/22

FI US Ethanol Snapshot 10/05/22

PDF attached   Weekly US ethanol production increased 34,000 barrels per day to 889 thousand, above a Bloomberg trade average of 874. Stocks decreased a large 1.006 million barrels to 21.685 million. Traders were looking for stocks to be down only 50,000 barrels....
FI Morning Grain Comments 10/05/22

FI Morning Grain Comments 10/05/22

PDF attached   Good morning.   USD is reversing to the upside and WTI higher. US equities are pointing towards a lower open. Some are citing recession concerns. CBOT grains are mostly lower on little news. Tunisia is seeing offers for soft wheat at 383.49...
FI Evening Grain Comments 10/04/22

FI Evening Grain Comments 10/04/22

PDF Attached   USD was down 158 points, WTI up $2.50 and US equities sharply higher. Soybeans ended higher, meal lower and soybean oil sharply higher. Corn settled higher and wheat was mostly lower.   US Midwest weather conditions will remain drier than...
FI Morning Grain Comments 10/04/22

FI Morning Grain Comments 10/04/22

PDF attached   Good morning.   USD was down 78 points and WTI up $1.48 at the time this was written. US equities are pointing towards a higher open. November CBOT soybean futures are higher but gains are limited after USDA reported better than expected US...
FI Evening Grain Comments 10/03/22

FI Evening Grain Comments 10/03/22

PDF Attached   There were no changes in US corn and soybean crop conditions. We left our October yield estimates unchanged for corn and soybeans. US corn harvest was below expectations and soybeans above. US winter wheat plantings are running 4 points below...