FI Evening Grain Comments 12/15/22

FI Evening Grain Comments 12/15/22

PDF Attached   USDA: Private exporters reported sales of 101,600 metric tons of corn for delivery to Mexico.   US dollar was very strong today, WTI crude lower at the time CBOT ags closed, and US equities were down sharply.  Gold was lower. Most of...
FI Morning Grain Comments 12/15/22

FI Morning Grain Comments 12/15/22

PDF attached   Good morning.   USDA: Private exporters reported sales of 101,600 metric tons of corn for delivery to Mexico.    USD is strong, WTI crude lower and US equity futures lower. Gold is lower. Soybean oil is under pressure from...
FI Evening Grain Comments 12/14/22

FI Evening Grain Comments 12/14/22

PDF Attached   Mixed trade in the soybean complex. It was lower earlier on talk of improving South American weather until a rally in meal limited losses in soybeans. Grains finished mixed. The Fed increased rates by 50 points, as expected. News for the ags has...
FI US Ethanol Snapshot 12/14/22

FI US Ethanol Snapshot 12/14/22

PDF attached   US ethanol production for the week ending December 9 decreased 16,000 barrels (BB estimate was calling for down 16k) to 1.061 million barrels per day and stocks increased a large 1.152 million barrels (Est. +32k) to 24.409 million. Production over...
FI Morning Grain Comments 12/14/22

FI Morning Grain Comments 12/14/22

PDF attached   Good morning.   Next major economic event will come from the FOMC rate decision later today. https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm WTI crude oil is higher and USD lower. News is about the same for the agriculture...