Tidbits, Crude Oil, Economy, Broilers & Ethanol, Markets & Rain Days Update 6/2/23
Highlights The OPEC+ meeting this Sunday was called by Saudi Arabia to chastise other members for pumping more crude oil than they...
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Wright Team
- Apr 15
- 3 min
Tidbits, Crude Oil, Markets & Rain Days Update 4/15/23
Highlights CHS reported some Iowa ethanol plants pushed their corn basis yesterday 25 cents to +75N (75 over the July futures for...
Wright Team
- Apr 3
- 3 min
Tidbits, Fuel, Markets & Rain Days Update 4/3/23
Highlights A major winter storm is expected April 3 to 5 from the Central Rockies to the Northern Plains and Upper Midwest, bringing...
Wright Team
- Mar 16
- 4 min
Tidbits, Crude Oil, Fuel, Broilers & Ethanol, Markets & Rain Days Update 3/16/23
Highlights Crude oil traded 80¢ to $1.22 higher most of Tuesday evening to about the start of the business day in Europe. Crude oil...
Wright Team
- Mar 15
- 3 min
Tidbits, Markets & Rain Days Update 3/15/23
Tidbits Yesterday morning, the USDA announced the sale of 612,000 mts of old crop corn to China. While it is important the US sold that...
Wright Team
- Feb 26
- 4 min
Tidbits, Russian Crude, Q&A: May and July Corn, Rain Days Update 2/26/23
Highlights Russia announced yesterday it will reduce its oil exports from its western ports by up to 25% in March, exceeding its...
Wright Team
- Feb 15
- 3 min
Tidbits, Crude Oil, Dark Fleet, Markets & Rain Days Update 2/15/23
Highlights Mexico has officially scrapped the ban on GMO corn imports for animal feed and industrial use that was due to start in...
Wright Team
- Feb 11
- 4 min
Tidbits, Crude Oil & Wheat Prices Rally, Markets & Rain Days Update 2/11/23
Highlights Russia launched a heavy barrage of missile attacks on two cities in northeast Ukraine Friday and announced it will reduce...
Wright Team
- Jan 20
- 4 min
Tidbits, ENSO, Broilers & Ethanol, Markets & Rain Days Update 1/20/23
Highlights The UN Secretary-General who is at the annual World Economic Forum in Davos, Switzerland, said the world economy is in sad...
Wright Team
- Dec 22, 2022
- 4 min
Tidbits, Japan Wheat, Broilers & Ethanol, Markets & Rain Days Update 12/22/22
Highlights The hospitals in China will have more than 5.8 million beds occupied during the current epidemic. Deaths in the big cities are...
Wright Team
- Dec 17, 2022
- 3 min
Tidbits, Oils, Markets & Rain Days Update 12/17/22
Highlights December 15th is the start of the 45 day window to make or break Brazil’s first and only soybean crop and its first corn crop....
Wright Team
- Dec 6, 2022
- 3 min
Tidbits, ENSO, Gaps, Export Inspections, Markets & Rain Days Update 12/6/22
Highlights Early Monday news was China may announce ten COVID-19 easing measures as early as Wednesday, after three years of...
Wright Team
- Nov 30, 2022
- 3 min
Tidbits, Crude Oil, Markets & Rain Days Update 11/30/22
Highlights Mexico's President Obrador clarified that the GMO corn import ban in 2024 would apply to human consumption corn, but GMO corn...
Wright Team
- Nov 22, 2022
- 4 min
Tidbits, WSJ, Export Inspections, Markets & Rain Days Update 11/22/22
Highlights The railroad labor agreement is still being negotiated as another union reportedly rejected the proposed agreement over the...
Wright Team
- Nov 21, 2022
- 3 min
Highlights, Managing Basis, Markets & Rain Days Update 11/21/22
Highlights The G7 will cap the price of Russian crude oil effective December 5th and the EU will ban Russian crude oil imports from the...
Wright Team
- Nov 20, 2022
- 3 min
Tidbits, China's Wheat, Rain Days Update 11/20/22
Tidbits Argentine hard (bread) wheat FOB price is $380 a mt; Russian wheat $315; Ukraine $290; French/European wheat $344, and US and...
Wright Team
- Oct 29, 2022
- 3 min
Tidbits, Crude Oil, Markets & Rain Days Update 10/29/22
Highlights Yesterday morning, the USDA announced the sale of: 126,000 mts of soybeans to China 198,000 mts of soybeans to Spain Tidbits...
Wright Team
- Oct 20, 2022
- 3 min
Tidbits, Broilers & Ethanol, Markets & Rain Days Update 10/20/22
Yield Report from Grand Forks County, Northeast North Dakota: "Best yielding beans, by far, I have ever grown. Yields are running 45 to...
Wright Team
- Oct 19, 2022
- 4 min
Tidbits, Crude Oil, US Acres, Markets & Rain Days Update 10/19/22
Yield Report from South Central Nebraska: "Normally, I apply 12 to 14 inches of water; did 14 to 16 this year. I started the pivots...
Wright Team
- Oct 9, 2022
- 3 min
Highlights, Russia-Ukraine, Crude Oil, Rain Days Update 10/9/22
Highlights Yield Report: Southern valley in North Dakota saw wheat yields around 50 bushels, which is average to a little below. Bean...
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