FI Morning Grain Comments 07/23/21

FI Morning Grain Comments 07/23/21

PDF attached   Good morning.   USDA announced 100,000 tons of soybeans were sold to Mexico for 2021-22 delivery under the 24-hour announcement system.    Soybeans are seeing follow through selling on improving US weather.  Corn is mixed amid...
FI Evening Grain Comments 07/22/21

FI Evening Grain Comments 07/22/21

PDF Attached     Other than rice and nearby Minneapolis wheat, CBOT agriculture commodities traded lower as weather models indicated improving conditions for the US WCB and north of the US border.  Northern and western Alberta will see rain fall...
FI Weekly USDA Export Sales Snapshot 07/22/21

FI Weekly USDA Export Sales Snapshot 07/22/21

PDF attached   USDA Export Sales USDA export sales were poor for corn, soybean meal (marketing year low) and soybean oil.  Soybeans were on the low side of expectations and wheat was within.  The report is viewed negative for the soybean complex and...
FI Morning Grain Comments 07/19/21

FI Morning Grain Comments 07/19/21

PDF Attached   Good morning.   WTI is sharply lower after OPEC and its allies agreed to boost output.  USD is up 18 points.  Virus concerns are impacting other global markets.  US equities are lower.  30 year yield is trading 1.81%,...