NASS March crush and grind reports

NASS March crush and grind reports

2 FI PDF’s attached   There were no surprises in USDA’s corn for ethanol use for the month of March.  DDGS production is on the rise.    USDA March US soybean crush came in 0.1 million bushels below expectations at 188.2 million, 6.1 million per...
FI Morning Grain Comments 05/03/21

FI Morning Grain Comments 05/03/21

PDF attached   Good morning.   Higher trade on Brazil crop concerns, lower USD, and follow through buying. US planting was very good last week.     Reminder: CME is resetting price limits for grain, soybean complex and lumber futures on May 2....
FI Evening Grain Comments 04/30/21

FI Evening Grain Comments 04/30/21

PDF Attached   Friday most ag futures appreciated on ongoing concerns over shrinking supplies.  CFTC showed the managed fund positions less long than expected.  Next week we will start to see new crop analyst estimates for the upcoming May USDA...
FI US Ethanol Snapshot 04/28/21

FI US Ethanol Snapshot 04/28/21

PDF attached   Weekly US ethanol production increased an as expected 4,000 barrels to 945,000 barrels, highest in a month.  Early September to date US ethanol production is running 5.5% below the same period a year ago but remember at this time of year US...
FI Morning Grain Comments 04/28/21

FI Morning Grain Comments 04/28/21

PDF attached   Good morning.   Profit taking in CBOT markets after recent multi year highs and bull spreading are features this morning.  Lower trade in other commodity markets are also weighing on US agriculture futures.  The US should see...