Tidbits, Crude Oil, Setzer's Summary, Crop Conditions, ENSO, Export Inspections 9/17/24
Highlights Compared to July, the NOPA August crush decreased 14% to 158.008 million bu. The market expected 171.325! The August crush was...
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Wright team
- 6 days ago
- 5 min
Tidbits, Crude Oil, Wheat, Brazil 9/14/24
Highlights The supply of US refinery products in the US Gulf Coast, especially the 3 million barrel per day Louisiana refining capacity,...
Wright team
- Sep 7
- 5 min
Tidbits, Lock-in Fuel Prices, Crude Oil, Export Sales 9/7/24
Highlights All the weakness in crude oil prices is based upon the gloom and doom predictions for the worlds’ economy, most especially...
Wright team
- Sep 6
- 5 min
Tidbits, Crude & Used Oil, Private Jobs, Broilers & Ethanol 9/6/24
Highlights Crude oil was supported yesterday by Saudi Arabia's decision to recommend OPEC+ postpone production increase in October....
Wright team
- Sep 3
- 5 min
Tidbits, Crude Oil, PMI, Chinese Economy 9/3/24
Highlights Libya has yet to resume oil exports one week after the Haftar clan blocked production in a bid to gain leverage over a battle...
Wright team
- Sep 1
- 4 min
Tidbits, Crude Oil, Milk Production, Urea Prices 9/1/24
Highlights Late Saturday afternoon, three of Libya’s oilfields received instructions to resume production, engineers at the fields told...
Wright team
- Aug 31
- 5 min
Tidbits, Crude Oil, Palm Oil, Used Cooking Oil 8/31/24
CBOT will reopen Monday evening at normal time. Tidbits Crude oil prices were more than $2 lower yesterday due to economic concerns in...
Wright team
- Aug 29
- 6 min
Tidbits, Contracts Roll Math & Options, OPEC+, Broilers & Ethanol 8/29/24
Highlights Statistics Canada reported yesterday the 2024 Canadian corn crop is 15.229 million mts, down 1.2% from last year. The average...
Wright team
- Aug 27
- 4 min
Tidbits, Crude Oil, Crop Conditions, ENSO, Export Inspections 8/27/24
Highlights There was no agreement on Sunday in the Gaza ceasefire talks that took place in Egypt . Neither Hamas nor Israel agreed to...
Wright team
- Aug 8
- 3 min
Tidbits, Crude Oil Demand, S&D Estimates, Broilers & Ethanol 8/8/24
Highlights Farmers and agronomists are sounding the alarm that Tar Spot is becoming quite a problem once again in the far Eastern Corn...
Wright team
- Jul 27
- 4 min
Tidbits, PCE Index, Wheat, Crude Oil 7/27/24
Highlights The Commerce Department reported yesterday morning the personal consumption expenditures (PCE) price index, the Federal...
Wright team
- Jul 24
- 4 min
Tidbits, Oil Market, Rain Days Update 7/24/24
Highlights Oilprice.com reported yesterday morning that the withdrawal of US President Joe Biden from the re-election campaign has left...
Wright team
- Jul 17
- 4 min
Tidbits, Basis Contract Roll, Crude Oil, Brazil Corn, ENSO 7/17/24
Highlights All three wheat classes were lower yesterday, but the price free-fall was stopped by Egypt and Algeria submitted tenders to...
Wright team
- Jul 1
- 4 min
Tidbits, PMI, Crude Oil 7/1/24
Highlights Eduardo Vanin reported Sunday grain export traders in Brazil are planning to extend the soybean export program through July,...
Wright team
- Jun 17
- 4 min
Tidbits, Weather, Hammersmith's Summary, Crude Oil 6/17/24
Announcements The National Oilseed Processors Association (NOPA) crush for May will be released around noon today. It is expected to be a...
Wright team
- Jun 5
- 4 min
Tidbits, Weather, Export News, Crude Oil 6/5/24
Highlights Rain moved across ND and SD yesterday and delivered heavy rain and storms to already waterlogged Minnesota, where flooding is...
Wright team
- Jun 3
- 4 min
Tidbits, OPEC, PMI, Q&A: Shorting Wheat 6/3/24
Highlights Yesterday, OPEC+ extended its “voluntary” production cuts through 2025 with the exception of the UAE. Thus, the UAE will...
Wright team
- May 15
- 5 min
Tidbits, Wheat Marketing, Inflation, Crude Oil 5/15/24
Highlights Yesterday’s Producer Price Index (PPI=inflation at the wholesale level) for April was up 0.5%. The market expected +0.3%. In...
Wright team
- May 9
- 4 min
Tidbits, Wheat Harvest Basis, Crude Oil, PMI, Broilers & Ethanol 5/9/24
Highlights Biden said late yesterday he will withhold weapons from Israel if it invades Rafah. Most news reports state Israel’s military...
Wright team
- May 8
- 4 min
Tidbits, Crude Oil, Short-Dated Options, S&D Estimates 5/8/24
Highlights The U.S. Department of Energy (DOE) announced yesterday a tender to purchase 3.3 million barrels of crude oil for October...
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