Tidbits, Basis Decision, Corn Outlook, ENSO, Export Inspections, Markets & Rain Days Update 8/8/23
Basis Decision The cash price paid to farmers is a function of futures and basis. You need to separate the day you price them because the...
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Wright Team
- Aug 6
- 3 min
Weekly Basis 8/6/23
The Dow Jones Industrial Average (DJIA) settled at 35,065.62, -393.67 points for the week. Crude oil settled at $82.64, +1.97. The Dollar...
Wright Team
- Aug 4
- 5 min
Tidbits, Corn Importers, Export Sales, Markets & Rain Days Update 8/4/23
Highlights The percent of the nation’s corn crop in a drought declined 2% the past week to “just” 57%. Likewise, the beans in a drought...
Wright Team
- Aug 2
- 3 min
Weekly Summary & Recommendations 8/2/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...
Wright Team
- Aug 2
- 4 min
Tidbits, Corn Yield, Deciding the Basis, US Credit Rating, Markets & Rain Days Update 8/2/23
Jacob of Wahpeton, North Dakota reports: "Wheat harvest is rolling in the southeastern part of the Red River valley in North Dakota. I...
Wright Team
- Jul 30
- 3 min
Weekly Basis 7/30/23
The Dow Jones Industrial Average (DJIA) settled at 35,459.29, +231.60 points for the week. Crude oil settled at $80.67, +3.84. The Dollar...
Wright Team
- Jul 30
- 4 min
Tidbits, Pipeline Supply, Grain Yields & Prices, Ukraine, Rain Days Update 7/30/23
Pipeline Supply refers to the minimum number of bushels or tons of a commodity that are in transit to processing facilities and users to...
Wright Team
- Jul 26
- 3 min
Summary & Recommendations 7/26/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...
Wright Team
- Jul 23
- 3 min
Weekly Basis 7/23/23
The Dow Jones Industrial Average (DJIA) settled at 35,227.69, +718.66 points for the week. Crude oil settled at $76.83, +1.56. The Dollar...
Wright Team
- Jul 22
- 4 min
Tidbits, Corn Price Outlook, Cattle, Fertilizers, Markets & Rain Days Update 7/22/23
Highlights Russia attacked the two primary grain terminals of Ukraine for the fourth night in a row. The governor of Odessa said that two...
Wright Team
- Jul 20
- 5 min
Tidbits, Safrinha Corn Crop, Grain Deal, Broilers & Ethanol, Markets & Rain Days Update 7/20/23
Yesterday, Roger recommended you price 2023 fertilizer. He meant fertilizer for 2024 crops. Highlights Is the weather or the war more...
Wright Team
- Jul 19
- 3 min
Weekly Summary & Recommendations 7/19/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...
Wright Team
- Jul 16
- 3 min
Weekly Basis 7/16/23
The Dow Jones Industrial Average (DJIA) settled at 34,509.03, +774.15 points for the week. Crude oil settled at $75.27, +1.60. The Dollar...
Wright Team
- Jul 15
- 4 min
Tidbits, Key Reversal, Meal Puts, Wheat Harvest, Markets & Rain Days Update 7/15/23
Highlights A daily “key reversal” higher is created when a price makes a new low for the move and then closes higher than the previous...
Wright Team
- Jul 12
- 3 min
Weekly Summary & Recommendations 7/12/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our pricing recommendations for corn,...
Wright Team
- Jul 9
- 3 min
Weekly Basis 7/9/23
The Dow Jones Industrial Average (DJIA) settled at 33,734.88, -672.72 points for the week. Crude oil settled at $73.67, +3.22. The Dollar...
Wright Team
- Jul 5
- 3 min
Weekly Summary & Recommendations 7/5/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...
Wright Team
- Jul 2
- 3 min
Weekly Basis 7/2/23
The Dow Jones Industrial Average (DJIA) settled at 34,407.60, +680.17 points for the week. Crude oil settled at $70.45, +0.95. The Dollar...
Wright Team
- Jun 28
- 3 min
Weekly Summary & Recommendations 6/28/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...
Wright Team
- Jun 25
- 4 min
Weekly Basis 6/25/23
The Dow Jones Industrial Average (DJIA) settled at 33,727.43, -571.69 points for the week. Crude oil settled at $69.50, -1.94. The Dollar...
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