FI Evening Grain Comments 02/09/21

FI Evening Grain Comments 02/09/21

PDF Attached   USDA report day.  Wednesday: MPOB (comes out tonight for Americas) Thursday Conab   USDA released their February S&D.    Reaction:  Perceived bearish with corn and soybeans that were already trading higher pre...
FI Evening Grain Comments 01/21/21

FI Evening Grain Comments 01/21/21

PDF Attached       Terry Reilly Senior Commodity Analyst – Grain and Oilseeds Futures International One Lincoln Center 18 W 140 Butterfield Rd. Oakbrook Terrace, Il. 60181 W: 312.604.1366 treilly@futures-int.com ICE IM:  treilly1 Skype:...
FI Evening Grain Comments 01/13/21

FI Evening Grain Comments 01/13/21

PDF attached   Attached is our 2021 US winter wheat by class supply estimates (w/ graphs).   CME RAISES WHEAT FUTURES MAINTENANCE MARGINS BY 9.1% TO $1,800 PER CONTRACT FROM $1,650 FOR MARCH 2021 CME RAISES CORN FUTURES MAINTENANCE MARGINS BY 18.2% TO $1,300...
FI Evening Grain Comments 01/11/21

FI Evening Grain Comments 01/11/21

PDF Attached   Wild trade in the soybean complex with soybean meal making the last firework move to the upside at 1:13 CT, before the regular session close, by jumping $3.00 pm 2,300 contracts.  Soybeans ended mostly lower along with soybean oil that...