FI Weekly USDA Export Sales Snapshot 09/29/22

FI Weekly USDA Export Sales Snapshot 09/29/22

PDF attached   USDA export sales were poor for the soybean complex and (meal shipments and new crop sales were within expectations), ok for corn and within expectations for wheat.  Crop year corn sales are running nearly 50 percent below this time year ago....
FI Evening Grain Comments 09/28/22

FI Evening Grain Comments 09/28/22

PDF Attached   USD turned lower. WTI was higher and US equities rallied. CBOT soybeans ended up 0.75-5.0 cents, and products mixed with nearby positions lower. Corn ended higher from a sharp increase in wheat. US harvest weather will be favorable over the next...
FI US Ethanol Snapshot 09/28/22

FI US Ethanol Snapshot 09/28/22

PDF attached   Analysts missed the weekly ethanol production by a large margin. US production came in at only 885,000 barrels per day, well below an average calling for 912,000 barrels, down 46,000 from the previous week and about 6.5% below year ago. US weekly...
FI Morning Grain Comments 09/28/22

FI Morning Grain Comments 09/28/22

PDF attached   Good morning.   USD is higher, WTI higher and US equities mixed. CBOT soybeans are lower following weakness in soybean oil while meal is mixed on rising demand for feed in China (sow numbers during August improved from July) and strength in...
FI Evening Grain Comments 09/27/22

FI Evening Grain Comments 09/27/22

PDF Attached has our US soybean and corn balance sheets attached, reflecting updated crop production. Funds were not available at the time this was sent.   The USD traded two-sided. WTI rallied as a large amount of oil production was shut down in the Gulf because...