FI Evening Grain Comments 12/21/22

FI Evening Grain Comments 12/21/22

PDF Attached   Main CBOT agriculture markets open Tuesday morning after Christmas. Other selected markets do open Monday night. https://www.cmegroup.com/tools-information/holiday-calendar.html   Official US winter starts today. The intensity of the snow for...
FI US Ethanol Snapshot 12/21/22

FI US Ethanol Snapshot 12/21/22

PDF attached   EIA weekly ethanol update ·         The US weekly EIA ethanol data was viewed neutral to slightly bullish for US corn futures. ·         Weekly US ethanol...
FI Evening Grain Comments 12/20/22

FI Evening Grain Comments 12/20/22

PDF Attached   Attached is our updated US soybean oil balance sheet. We adjusted the 2022-23 SBO yield lower. Higher trade in the soybean complex from a lower USD and unfavorable weather forecasts for Argentina. Some of the weather models turned drier for...
FI Morning Grain Comments 12/20/22

FI Morning Grain Comments 12/20/22

PDF attached   Good morning.   No 24-H sales at the time this was written. USD was down 57 points earlier, WTI crude up about $0.91, and US equities mixed/lower. The outside markets are helping CBOT soybeans and corn futures. US wheat futures are mixed with...
FI Evening Grain Comments 12/19/22

FI Evening Grain Comments 12/19/22

PDF Attached   Holiday week. Argentina weather was in question.  Export inspections indicated a shift from soybeans to grains for exports. USD was slightly lower, spot. WTI crude oil higher and US equity futures mixed. CBOT ag markets are mixed to lower....