FI US Ethanol Snapshot 11/23/22

FI US Ethanol Snapshot 11/23/22

PDF attached   EIA reported weekly ethanol production up a large 30,000 barrels per day to 1.041 million and stocks up 1.531 million barrels to 22.829 million. We like watching the 4-week average change, which is up 2,000 barrels for production and up 135,000...
FI Morning Grain Comments 11/23/22

FI Morning Grain Comments 11/23/22

PDF attached   Good morning.   USDA: Private exporters reported sales of 110,000 tons of soybeans for delivery to China during the 2022-23 marketing year. The next U.S. Export Sales Report will be released on Friday, November 25, 2022. -FAS/USDA. ...
FI Evening Grain Comments 11/22/22

FI Evening Grain Comments 11/22/22

PDF Attached   The next U.S. Export Sales Report will be released on Friday, November 25, 2022 -FAS/USDA.  FI estimates attached.   US rail strike concerns and ongoing China covid lockdowns sent US agriculture commodities lower. A rail union rejected a...
FI Morning Grain Comments 11/22/22

FI Morning Grain Comments 11/22/22

PDF attached   Good morning.   USD is lower and WTI crude oil higher. News is light ahead of the US holiday (Thursday). A rail union rejected a labor deal and that raises the threat for a US strike in about two weeks. Egypt started getting offers for their...
FI Evening Grain Comments 11/21/22

FI Evening Grain Comments 11/21/22

PDF Attached   Largest U.S. rail labor union votes against contract, raising strike possibility – Reuters News We expect Congress to vote on it to keep rail lines open. The White House said a rail shutdown is unacceptable.   Commodity selling was seen...