FI US Ethanol Snapshot 05/04/22

FI US Ethanol Snapshot 05/04/22

PDF attached   Weekly ethanol production was up 6,000 barrels per day to 969,000, highest since early April. Trade was looking for a 3,000 increase. Stocks decreased for the fifth consecutive week by 78,000 barrels to 23.887 million. Trade was looking for a draw...
FI Morning Grain Comments 05/04/22

FI Morning Grain Comments 05/04/22

PDF attached   Good morning.   A considerable rebound in WTI crude oil and lower USD is supporting commodities. Wheat is sharply higher on concerns over the India wheat crop. The market awaits news later today from the US Federal Reserve (1 pm CT) on a...
FI Evening Grain Comments 05/03/22

FI Evening Grain Comments 05/03/22

PDF Attached   Two-Sided trade for many markets with most agricultures futures ending on a lower note in part to technical selling and the US dollar pairing some of its earlier losses, despite slow US spring planting progress and a decline in US winter wheat...
FI Morning Grain Comments 05/03/22

FI Morning Grain Comments 05/03/22

PDF attached   Good morning.   Corn futures are higher following slow US planting progress and light news as many countries are still on holiday. Soybean complex turned higher. Slow corn seedings could shift some acre to soybeans this season. Wheat is higher...
FI Evening Grain Comments 05/02/22

FI Evening Grain Comments 05/02/22

PDF Attached   Calls: Soybeans up 3-6, corn up 1-3 and Chicago wheat up 2-5.   US corn and spring wheat seeding progress fell short of expectations while soybeans were at an average trade guess, all behind their 5-year averages. US winter wheat ratings...