FI US Ethanol Snapshot 06/02/22

FI US Ethanol Snapshot 06/02/22

PDF attached   EIA numbers were supportive WTI crude oil and corn futures. Weekly US ethanol production increased a large 57,000 barrels to 1.071 million, largest increase since October 15, 2021, and well above trade expectations calling for a modest 3,000 barrel...
FI Morning Grain Comments 06/02/22

FI Morning Grain Comments 06/02/22

PDF attached   Good morning.   WTI crude and Brent oil futures were sharply lower earlier after at least two sources told news outlets that Saudi Arabia and other OPEC members may boost oil production to offset the loss in Russian supplies. But WTI paired...
FI Evening Grain Comments 06/01/22

FI Evening Grain Comments 06/01/22

PDF Attached   Most inflation related commodity markets were lower today, with exception of energy. The USD rallied 81 points. USDA NASS reported a slightly higher April US soybean crush and soybean oil stocks were above trade expectations. US corn for ethanol...
FI Morning Grain Comments 06/01/22

FI Morning Grain Comments 06/01/22

PDF attached   Good morning.   The US weather forecast is mostly unchanged. Argentina turns drier through Sunday. Brazil will see favorable corn harvest progress this week before slowing next week from rain. News is light this morning. Futures prices are...
FI Evening Grain Comments 05/31/22

FI Evening Grain Comments 05/31/22

PDF Attached   CALLS: Soybeans steady Soybean meal steady to lower Soybean oil steady to higher Corn steady to lower Chicago and KC steady to 4 lower MN spring wheat advancement was good.  6-8 lower   USDA crop conditions were as expected for winter...