FI US Ethanol Snapshot 03/10/21

FI US Ethanol Snapshot 03/10/21

PDF attached   EIA-U.S. WEEKLY ETHANOL OUTPUT UP 89,000 BPD TO 938,000 BPD EIA-U.S. WEEKLY ETHANOL STOCKS OFF 355,000 BBLS TO 22.07 MLN BBLS EIA-U.S. WEEKLY CRUDE STOCKS AT CUSHING UP 526,000 BBLS TO 48.83 MLN EIA-U.S. WEEKLY GASOLINE OUTPUT UP 704,000 BPD TO...
FI Morning Grain Comments 03/10/21

FI Morning Grain Comments 03/10/21

PDF attached   Morning.     US CPI (inflation) was as expected.  USD was down slightly and WTI 44 higher at the time this was written. Lower trade for CBOT agricultural futures across the board as we see risk off post USDA report and lower lead by...
FI Evening Grain Comments 03/09/21

FI Evening Grain Comments 03/09/21

PDF Attached   Wild trade that ended on a higher note for soybeans, front month meal, back month corn, and US wheat contracts.  Soybean oil rallied more than 100 points.    USDA released their March S&D.    Reaction:  Initially...
FI Grain Market Snapshot 03/09/21

FI Grain Market Snapshot 03/09/21

PDF Attached   USDA released their March S&D.    Reaction:  Initially bearish corn and soybeans.  Wheat held gains but turned lower after corn made another leg down.  But a recovery in soybeans from bottom picking added renewed...
FI Evening Grain Comments 03/08/21

FI Evening Grain Comments 03/08/21

PDF Attached   There were no USDA 24-hour sales this morning. Rumors of a large US corn sale Friday had rallied corn futures.  The break in corn futures at the day session was warranted, IMO.  2020-21 current crop-year corn futures ended the day higher,...