FI Morning Grain Comments 10/20//22

FI Morning Grain Comments 10/20//22

PDF attached   Good morning.   Private exporters reported the following sales activity: -201,000 metric tons of soybeans received in the reporting period for delivery to China during the 2022/2023 marketing year -132,000 metric tons of soybeans for delivery...
FI Weekly USDA Export Sales Snapshot 10/20/22

FI Weekly USDA Export Sales Snapshot 10/20/22

PDF attached   USDA export sales Excellent soybean (2.336MMT) and meal sales (542,300MT), as expected. Soybean oil sales were 9,300 tons but an improvement from previous week. Corn sales were low at 408,300 tons, and well below average for this time of year, in...
FI Evening Grain Comments 10/19/22

FI Evening Grain Comments 10/19/22

PDF Attached   The USD was strong today. Corn and soybeans were under pressure, at least at one point during the session, from US harvest pressure. Soybeans ended higher from a higher trade in soybean oil. Soybean oil gained on meal and oil share basis the...
FI US Ethanol Snapshot 10/19/22

FI US Ethanol Snapshot 10/19/22

PDF attached   US ethanol production was up a large 84,000 barrels to 1.016 million, largest for the week since early August. Traders were looking for a 30,000-barrel increase.  US ethanol stocks decreased 19,000 barrels to 21.844 million. Traders were...
FI Morning Grain Comments 10/19/22

FI Morning Grain Comments 10/19/22

PDF attached   Good morning.   Wheat is higher this morning from technical buying after hitting a 4-week low yesterday despite a stronger USD. Russia plans to have a 25.5 million ton grain export quota for February 15-June 30. This is common for Russia to...