FI Evening Grain Comments 05/26/23

FI Evening Grain Comments 05/26/23

PDF Attached   CBOT markets will reopen Monday evening. https://www.cmegroup.com/tools-information/holiday-calendar.html   US debt ceiling optimism sent US equities and many commodity markets higher. The USD was down 6 points as of 1:40 pm CT and WTI crude...
FI Morning Grain Comments 05/26/23

FI Morning Grain Comments 05/26/23

PDF attached   Good morning.    The USD was down 26 points earlier and WTI crude up $1.00. A stronger pre-holiday trade. CBOT markets will reopen Monday evening. US weather concerns and Black Sea shipping uncertainty continues to support CBOT...
FI Evening Grain Comments 05/25/23

FI Evening Grain Comments 05/25/23

PDF Attached   Lower trade in soybeans led by weakness in soybean meal. Soybean oil rallied in part to higher palm oil futures. Corn ended mixed with July higher (strong US corn basis) and back months lower. Nearby Chicago wheat fell while KC and MN ended higher...