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Tidbits, Argentine Crops & Taxes, SAF & Farm Acts, Broilers & Ethanol 1/24/25
Tidbits Crop conditions in Argentina continue to get worse. Soybeans are rated 28% poor condition vs. 21% last week and 14% a year ago....
Wright team
Jan 245 min read
Tidbits, Argentina, Jimmy Carter 12/30/24
Today is the day to liquidate long January futures positions to eliminate any chance of being assigned a delivery. Tidbits Several...
Wright team
Dec 30, 20245 min read
Tidbits, Premium Option Contracts, South America Crops, Bullish Consensus, Broilers & Ethanol 12/5/24
Tidbits Yesterday morning, the USDA reported the sale of 30,000 mts of old crop soybean oil and 35,000 mts of rice to South Korea. ...
Wright team
Dec 5, 20246 min read
Tidbits, Argentina, China, Fertilizer 4/13/24
Highlights The US stock markets took a thumping yesterday as JPMorgan and Wells Fargo both reported net interest income well below...
Wright team
Apr 13, 20244 min read
Tidbits, USDA Reports, Livestock in China, Corn Disease in Argentina 4/10/24
Upcoming Reports CONAB is Brazil’s USDA and it will issue its monthly crop production report early Thursday morning followed by USDA’s at...
Wright team
Apr 10, 20243 min read
Tidbits, Acreage Predictions, Argentina 3/25/24
Highlights Sunday evening, Andrey Sizov reported a top Russian grain exporter claims that all its shipments have been halted by the...
Wright team
Mar 25, 20243 min read
Tidbits, Argentina, Soft Winter Wheat, Cocoa, Broilers & Ethanol 3/14/24
Highlights 247AG, after predicting Brazil’s weather the next 10 days, reports: "Can it get worse? Most definitely. Just getting...
Wright team
Mar 14, 20244 min read
Tidbits, Angie Setzer, Brazil Cash Market, Chinese Demand, Argentina 3/11/24
Tidbits Angie Setzer has been in the cash grain industry for over 18 years. She has dedicated her career to learning the ins and outs of...
Wright team
Mar 11, 20245 min read
Tidbits, Brazil Crops, Argentine Economy, ENSO, Export Inspections 2/27/24
First notice day for deliveries on March CBOT contracts is this Thursday, which is usually an up day for markets after (usually) a down...
Wright team
Feb 27, 20243 min read
Tidbits, Fear Economy, Argentina, PPI, Broilers & Ethanol, Markets & Rain Days Update 12/14/23
Highlights Argentina devalued its currency while everyone was asleep Wednesday morning, which is when a devaluation should be done. The...
Wright team
Dec 14, 20234 min read
Tidbits, South America, Export Inspections, Markets & Rain Days Update 12/5/23
Highlights Benson-Quinn analysts reported yesterday morning: "North and Central Brazil caught 60% of the region. More scattered activity...
Wright team
Dec 5, 20234 min read
Tidbits, Argentina, Export Inspections, Markets & Rain Days Update 11/21/23
Highlights Yesterday’s mid-day weather forecast went drier for Central Brazil for next week. This major crop area will receive rains...
Wright team
Nov 21, 20234 min read
Tidbits, Argentina, Markets & Rain Days Update 11/20/23
Tidbits Rain has fallen in many of the dry areas or Brazil’s crop area, but not as much as predicted a few days ago. Many areas expected...
Wright team
Nov 20, 20233 min read
Tidbits, Argentina & Currency, Rain Days Update 10/22/23
Tidbits Louis Dreyfus Company (LDC) announced Friday the construction of a soybean processing plant in Upper Sandusky, Ohio with...
Wright team
Oct 22, 20234 min read
Tidbits, Economy, Argentina, Plantings, Export Inspections, Markets & Rain Days Update 4/4/23
Highlights We consider the biggest short-term bearish threat is another banking “crisis” to scare the markets. We put the risk of that...
Wright Team
Apr 4, 20234 min read
Tidbits, Soybeans, Argentina Crisis, Markets & Rain Days Update 3/18/23
Highlights Late yesterday, the Manhattan District Attorney asked for a meeting with law enforcement officials ahead of a possible...
Wright Team
Mar 18, 20234 min read
Tidbits, Frost Beans, Markets & Rain Days Update 2/20/23
Highlights This is important for you younger guys to remember this item the rest of your life: Two fields with everything identical...
Wright Team
Feb 20, 20233 min read
Tidbits, SA Yields, 2022 Urea Prices, Markets & Rain Days Update 2/13/23
Highlights The soybean fields of Argentina and Rio Grande do Sul (RGDS), Brazil’s southern state, had temperatures 100 to 104°F (38 to...
Wright Team
Feb 13, 20234 min read
Tidbits, Feb. S&D Analysis, Broilers & Ethanol, Markets & Rain Days Update 2/9/23
Highlights Nothing in yesterday's numbers changed our outlook for prices in 2023. On yesterday’s reports, USDA did: Reduced Argentina’s...
Wright Team
Feb 9, 20234 min read
Tidbits, About New Crop, SA Estimates, Broilers & Ethanol, Markets & Rain Days Update 1/6/23
About 2023 new crop Justin asked: "What’s your 2023 new crop recommendations? Will u be putting those out soon? Or do u wait until old...
Wright Team
Jan 6, 20234 min read
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