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Tech Guy Opening Calls & Comments 3/14/23
May Wheat - Steady May Corn - Steady to 1 Higher May Beans - 1 Lower April Crude Oil traded to the bottom of the big sideways range it's...
Tech Guy
Mar 14, 20232 min read
Tidbits, Economy, Export Inspections, Markets & Rain Days Update 3/14/23
Tidbits All markets rotated 180° yesterday from expectations of a stronger dollar and higher interest rates to a return to an easy money...
Wright Team
Mar 14, 20233 min read
Tech Guy Opening Calls & Comments 3/13/23
May Wheat - 1 Higher May Corn - 1 Lower May Beans - Steady to 1 Lower The Eurocurrency market is the inverse of the US Dollar. The last 3...
Tech Guy
Mar 13, 20232 min read
Tidbits, Economy, Markets & Rain Days Update 3/13/23
Economy Last summer, we explained how the Federal Reserve’s management of the US economy had returned to the confusing policy of the late...
Wright Team
Mar 13, 20235 min read
Tech Guy Opening Calls 3/12/23
May Wheat - 2 Higher May Corn - Steady May Beans - 1 Higher USD - 0.392 Lower S&P - 50.0 Higher, DOW- 292 Higher Crude - 0.19 Higher
Tech Guy
Mar 12, 20231 min read
Tech Guy Weekend Comments 3/12/23
From last Wednesday's April Crude Oil comments: "... The next support below that, would be about 74.90." Friday's crude oil trade was...
Tech Guy
Mar 12, 20232 min read
Weekly Basis 3/12/23
The Dow Jones Industrial Average (DJIA) settled at 31,909.64, -1,481.33 points for the week. Crude oil settled at $76.68, -3.17. The...
Wright Team
Mar 12, 20233 min read
Tidbits, Allen Gard, SuperTrend, Rain Days Update 3/12/23
Tidbits The chief executive officer of failed Silicon Valley Bank, Greg Becker, was on the Board of Directors for the Federal Reserve...
Wright Team
Mar 12, 20233 min read
Tidbits, Subprime Meltdown, Markets & Rain Days Update 3/11/23
Tidbits Many times this winter we have commented about how good news for the US economy was bad news for grain and oilseed prices because...
Wright Team
Mar 11, 20233 min read
Tidbits, Price Outlook, Export Sales, Markets & Rain Days Update 3/10/23
Highlights After the settlement Wednesday, Alan Bonifas, our long-term technical consultant and our second full-service consultant who...
Wright Team
Mar 10, 20234 min read
Special Edition 3/10/23
Friday morning We received more good economic news for the US economy at 7:30 Central this morning. The US economy added 311,000 jobs in...
Wright Team
Mar 10, 20234 min read
Tech Guy Opening Calls & Comments 3/9/23
May Wheat - Steady to 1 Lower May Corn - 1 Higher May Beans - Steady to 1 Lower The March 1st swing low in May Corn at 622.25 did not...
Tech Guy
Mar 9, 20232 min read
Tidbits, USDA S&D, US Jobs, ENSO, Broilers & Ethanol, Markets & Rain Days Update 3/9/23
Highlights The USDA’s domestic corn and world corn carryover projections were both larger than expected. Corn finished the day down 8 to...
Wright Team
Mar 9, 20234 min read
Tech Guy Opening Calls & Comments 3/8/23
May Wheat - 1 Higher May Corn - Steady May Beans - Steady to 1 Lower May Corn broke down out of the ledge support at 633 today after the...
Tech Guy
Mar 8, 20232 min read
March USDA Numbers 3/8/23
May corn down 2 May beans up 9 July CBOT wheat down 8 July KC wheat down 2 Spring wheat down 7 No change for our longer term pricing...
Wright Team
Mar 8, 20231 min read
Weekly Summary & Recommendations 3/8/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright Team
Mar 8, 20232 min read
Tidbits, Safrinha Corn Crop, Markets & Rain Days Update 3/8/23
Highlights If you grow a feed grain, this is very important: For all practical purposes, all the corn that Brazil exports is its second...
Wright Team
Mar 8, 20234 min read
Tech Guy Opening Calls & Comments 3/7/23
May Wheat - Steady May Corn - Steady to 1 Higher May Beans - 1 to 2 Higher As expected, May Beans corrected today a smidge down below the...
Tech Guy
Mar 7, 20232 min read
Tidbits, Meal Puts, Export Inspections, Markets & Rain Days Update 3/7/23
Highlights Federal Reserve Chairman Powell will testify today and tomorrow before a congressional committee. The market expects him to...
Wright Team
Mar 7, 20232 min read
Tech Guy Opening Calls & Comments 3/6/23
May Wheat - 1 Higher May Corn - Steady May Beans - 2 to 3 Lower April Crude Oil has managed to maintain an uptrend within the larger...
Tech Guy
Mar 6, 20233 min read
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