FI Ag Commitment of Traders 04/15/22

FI Ag Commitment of Traders 04/15/22

by | Apr 16, 2022

PDF attached   CFTC Commitment of Traders Traditional funds were less long than expected for Chicago wheat (by 25,100 contracts), corn, soybeans, and soybean meal.  Money managers extended their net long position for the major agriculture commodities with...
FI Grain Market Update / NOPA 04/15/22

FI Grain Market Update / NOPA 04/15/22

by | Apr 15, 2022

PDF Attached   Good morning.   NOPA reported a 181.8-million-bushel US March soybean crush, 0.2 million below expectations. We thought the report was bullish for soybean oil, neutral soybeans, and slightly bearish soybean meal.  Soybean oil stocks fell...
FI Morning Grain Comments 04/14/22

FI Morning Grain Comments 04/14/22

by | Apr 14, 2022

PDF attached   Good morning.   Private exporters reported sales of 132,000 metric tons of soybeans for delivery to China during the 2021/2022 marketing year.   Look for positioning ahead of a three-day holiday weekend. WTI was corn about $1.95/barrel...
FI Weekly USDA Export Sales Snapshot 04/14/22

FI Weekly USDA Export Sales Snapshot 04/14/22

by | Apr 14, 2022

PDF attached   USDA export sales were on the lighter side for old crop soybeans, soybean oil and wheat. Corn export sales were within expectations and soybean meal increased from the previous week. Sorghum sales were a poor 8,500 tons.  Pork sales were...
FI Evening Grain Comments 04/13/22

FI Evening Grain Comments 04/13/22

by | Apr 13, 2022

PDF Attached   May corn and May soybean oil hit a contract high today. Soybean oil was supported by US supply concerns after a major railroad company told some customers to trim their privately owned cars on their network so they can free up congestion in...