FI Evening Grain Comments 06/21/21

FI Evening Grain Comments 06/21/21

PDF attached   We look for a higher trade in spring wheat tonight after conditions dropped a large ten points.    CME RAISES CORN FUTURES (C) MAINTENANCE MARGINS BY 3.2% TO $2,400 PER CONTRACT FROM $2,325 FOR JULY 2021 – Reuters News   Calls:...
FI Ag Commitment of Traders 06/21/21

FI Ag Commitment of Traders 06/21/21

PDF attached   Money managers were not as long in corn but were much more long than expected for soybeans, soybean oil, meal and Chicago wheat.  This comes after they reduced long positions for the major agricultural commodities for the week ending...
FI Evening Grain Comments 06/18/21

FI Evening Grain Comments 06/18/21

PDF Attached   Attached is our US soybean balance with updated 2021 yield.  Today is/was a US Federal Holiday and CFTC’s Commitment of Traders will be delayed until Monday.        Weather     1-7 DAY     WORLD WEATHER...
FI Morning Grain Comments 06/18/21

FI Morning Grain Comments 06/18/21

PDF attached   Good morning.     Today is a US Federal Holiday and CFTC’s Commitment of Traders will be delayed until Monday.  USD is higher and WTI down around 70 cents.  Equities are lower.  CBOT agriculture reversal in prices is seen...