FI Morning Grain Comments 09/21/22

FI Morning Grain Comments 09/21/22

PDF attached   Good morning.   FOMC US rate decision is later today, and many are looking for a 75 (consensus) to 100-point basis increase.   US weather forecast is unchanged. Brazil improves with widespread rains moving into Mato Grosso and surrounding...
FI Evening Grain Comments 09/20/22

FI Evening Grain Comments 09/20/22

PDF Attached   CBOT agriculture markets were up sharply led by wheat from negative Black Sea headlines. Soybean meal underpinned soybeans and soybean oil after Argentina tightened its control over soybean sales and hedging for both producers and exporters. Corn...
FI Morning Grain Comments 09/20/22

FI Morning Grain Comments 09/20/22

PDF attached   Good morning.   The soybean complex is lower on technical selling and an unchanged US weather forecast calling for favorable conditions. EU rapeseed prices hit a one year low earlier. Corn and wheat are higher in a turnaround Thursday trade....
FI Evening Grain Comments 09/19/22

FI Evening Grain Comments 09/19/22

PDF Attached   Private exporters reported sales of 136,000 metric tons of soybeans for delivery to China during the 2022/2023 marketing year.   USDA US crop conditions US CORN – 52 PCT CONDITION GOOD/EXCELLENT VS 53 PCT WK AGO (59 PCT YR AGO) -USDA US...