FI Evening Grain Comments 06/06/23

FI Evening Grain Comments 06/06/23

PDF Attached   USDA: Private exporters reported sales of 165,000 tons of soybeans for delivery to Spain during the 2022-23 marketing year.   US weather forecasts and money flow dominated the ag markets after price reaction initially reflected changes in crop...
FI Weekly USDA Export Sales Snapshot 06/02/23

FI Weekly USDA Export Sales Snapshot 06/02/23

PDF attached   USD near unchanged, WTI up $1.87, US equity futures higher   US Change In Nonfarm Payrolls May: 339K (exp 195K; prevR 294K) Unemployment Rate May: 3.7% (exp 3.5%; prev 3.4%) Average Hourly Earnings (M/M) May: 0.3% (exp 0.3%; prevR 0.4%)...
FI Evening Grain Comments 06/01/23

FI Evening Grain Comments 06/01/23

PDF Attached   US agriculture markets were higher from short covering, Black Sea shipping concerns and renewed US weather concerns. The US weather forecast turned slightly negative for the US Midwest. The northern Midwest and western IA will see rain through...
FI Morning Grain Comments 06/01/23

FI Morning Grain Comments 06/01/23

PDF attached   Good morning.    US equities are now suggesting a lower open. The USD was down 30 points earlier and WTI crude oil $0.06 higher. US agriculture markets are higher from short covering, Black Sea shipping concerns and renewed US weather...
FI Morning Grain Comments 05/31/23

FI Morning Grain Comments 05/31/23

PDF Attached   Good morning.    Month end. Follow through selling, poor manufacturing China economic data, and ample global grain supplies are weighing on CBOT ags. The USD was up 25 points earlier and WTI crude oil $2.19 lower.   Week to date...