FI Morning Grain Comments 02/10/22

FI Morning Grain Comments 02/10/22

PDF attached   Good morning.    Private exporters reported sales of 299,700 metric tons of soybeans received during the reporting period for delivery to unknown destinations.  Of the total, 233,700 metric tons is for delivery during the 2021/2022...
FI Weekly USDA Export Sales Snapshot 02/10/22

FI Weekly USDA Export Sales Snapshot 02/10/22

PDF attached   USDA Export Sales USDA export sales for soybeans topped expectations, meal was withing, and soybean oil was reported below a range of estimates. Shipments for meal and oil were ok.  Soybean sales included unknown destinations (804,400 MT),...
FI Evening Grain Comments 02/09/22

FI Evening Grain Comments 02/09/22

PDF Attached   I will be traveling through Thursday, February 10, but will be sending out limited emails.   Tonight we will get updated Malaysian palm data and early in the morning Conab will be out with updated Brazil supply estimates.     ...
FI grain market update 02/09/22

FI grain market update 02/09/22

PDF’s attached include the USDA briefing   We like meal over oil over the short term.  Soybeans are trading at “trade estimate” figures, not USDA, IMO.  Corn should appreciate along with soybeans (16.00-16.50 area seen if SA weather...
FI snapshot for USDA

FI snapshot for USDA

Attached     Prices sold off post USDA report after trading higher on SA crop concerns. USDA reported the US ending stocks for corn, soybeans, and wheat above trade expectations. Corn was unchanged from last month, soybeans down 25 million, and all-wheat up...