FI US Ethanol Snapshot 06/03/21

FI US Ethanol Snapshot 06/03/21

PDF attached   US weekly ethanol production was up 23,000 barrels per day to 1.034 million (trade looking for up 11,000) and stocks increased 608,000 barrels to 19.588 million (trade was looking for down 29,000 barrels).  Corn crop year to date production...
FI Morning Grain Comments 06/03/21

FI Morning Grain Comments 06/03/21

PDF attached   Good morning.   Higher trade in all major CBOT markets on forecasts for hot and dry conditions for the US.  US and Brazil weather is mostly unchanged.  Rain fell across the ECB over the past day and now that event is wrapping up, the...
FI Morning Grain Comments 06/02/21

FI Morning Grain Comments 06/02/21

PDF attached   Good morning.   Higher trade for most CBOT agriculture futures on follow through buying.  Higher than expected initial corn conditions are weighing on corn and meal.  Weather remain the driver in these markets.  US weather...
FI Evening Grain Comments 06/01/21

FI Evening Grain Comments 06/01/21

PDF Attached   Calls: Corn 2 to 5 lower, soybeans 5 lower and wheat steady to 5 higher bias spring wheat to upside.  Don’t discount follow through buying.    Weather drove futures higher and option volume was one of the heaviest we have seen in a...