FI US Ethanol Snapshot 10/26/22

FI US Ethanol Snapshot 10/26/22

PDF attached   US weekly ethanol production was up 17,000 barrels per day to 1033k (traders were looking for up 1k) from the previous week and stocks up 447,000 barrels to 22.291 million (estimate was an increase of 43,000 barrels). Ethanol production, since the...
FI Morning Grain Comments 10/26/22

FI Morning Grain Comments 10/26/22

PDF attached   Good morning.   USD is 53 points lower, WI crude up $1.34 and equities pointing towards a mostly lower open. CBOT soybeans are up on follow through buying by the investment funds. SA product fob premiums were higher yesterday and that is...
FI Evening Grain Comments 10/25/22

FI Evening Grain Comments 10/25/22

PDF Attached   A rally in soybeans and meal supported corn and wheat after a lower open. Soybean oil traded two-sided to end higher despite some meal/oil spreading.     The US weather forecast was largely unchanged this morning. The Midwest will see...
FI Morning Grain Comments 10/25/22

FI Morning Grain Comments 10/25/22

PDF attached   Good morning.   US stocks are starting the day off mixed. Earnings season continues with tech stocks reporting this week. WTI crude oil is lower by about $0.61, and USD down 20 points. CBOT soybean complex is mixed with meal higher, soybean...
FI Evening Grain Comments 10/24/22

FI Evening Grain Comments 10/24/22

PDF Attached   *U.S. CORN CROP 61% HARVESTED LAST WEEK, USDA SAYS.  Market was looking for 62% versus 45% last week and 52% 5-year average. *U.S. SOYBEANS 80% HARVESTED LAST WEEK, USDA SAYS.  Market was looking for 77% versus 63% last week and 67%...