FI Morning Grain Comments 02/24/22

FI Morning Grain Comments 02/24/22

PDF attached   Good morning.    Based on spread activity, May Chicago wheat synthetic is about 10 cents higher. May corn near limit higher to up 1 cent. Limit up moves in many ag markets overnight after Russia invaded Ukraine. Commodities are flying...
CBOT limits as of 02/24/22

CBOT limits as of 02/24/22

https://www.cmegroup.com/trading/price-limits.html       Terry Reilly Senior Commodity Analyst – Grain and Oilseeds Futures International One Lincoln Center 18 W 140 Butterfield Rd. Oakbrook Terrace, Il. 60181 W: 312.604.1366...
FI Evening Grain Comments 02/23/22

FI Evening Grain Comments 02/23/22

PDF Attached   Reminder, Friday is position day for March   Private exporters reported sales of 132,000 metric tons of soybeans for delivery to China during the 2022/2023 marketing year.   US major agriculture markets were up sharply on Ukraine/Russia...
FI Morning Grain Comments 02/23/22

FI Morning Grain Comments 02/23/22

PDF attached   Good morning.    US equities are higher, USD lower and WTI crude lower in the spot month.  Corn is mixed and Chicago and KC wheat turned higher. Global vegetable oil prices are leading the soybean complex higher led by uncertainty...
FI Evening Grain Comments 02/22/22

FI Evening Grain Comments 02/22/22

PDF Attached     Equity to commodity fund flow was in focus today.  Ags were hot today compared to energies and metals. Chicago and KC wheat were some of the many leaders. Corn and soybean oil saw a boost from higher energy prices and outright fund...