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Tidbits, Commercials' Market Positions, SAF, Rain Days Update 1/28/24
Tidbits A US Navy vessel is being fired upon almost every day now in the Red Sea area. LanzaJet is a leading sustainable fuels...
Wright team
Jan 28, 20243 min read
Tidbits, Markets & Rain Days Update 1/27/24
Highlights The Biden Administration said yesterday it has halted the approval process on all pending decisions on US Liquified Natural...
Wright team
Jan 27, 20244 min read
Tidbits, Export Sales, Markets & Rain Days Update 1/26/24
Highlights Soybeans suffered a serious round of profit-taking yesterday triggered by Brazil’s soybean February basis weakening by as much...
Wright team
Jan 26, 20244 min read
Tidbits, Brazil Reindustrialization , Broilers & Ethanol, Markets & Rain Days Update 1/25/24
Highlights China reduced the required cash reserve of deposits for the nation’s banks, which allows the banks to loan a higher percentage...
Wright team
Jan 25, 20244 min read
Weekly Summary & Recommendations 1/24/24
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright team
Jan 24, 20243 min read
Tidbits, Options Spread Update, Markets & Rain Days Update 1/24/24
Tidbits A Farm Futures survey of 825 growers resulted in them predicting US farmers will plant: 92.798 million acres of corn, 94.6 mil in...
Wright team
Jan 24, 20244 min read
Tidbits, ENSO, Market Tools, Export Inspections, Markets & Rain Days Update 1/23/24
Tidbits Strategic Farm Marketing lowered their Brazilian soybean crop estimate by 12 mil mts to 145 mil mt. (USDA 157). Weather will be...
Wright team
Jan 23, 20244 min read
Tidbits, Spread Strategies, Markets & Rain Days Update 1/22/24
Tidbits Yemen’s Houthis plan to close all three of the Middle East's major waterways: Bab Al-Mandab, Strait of Hormuz, and the Suez Canal...
Wright team
Jan 22, 20244 min read
Weekly Basis 1/21/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA)...
Wright team
Jan 21, 20243 min read
Tidbits, Brazil Reset, Spread Strategies, Rain Days Update 1/21/24
Tidbits On Friday morning, the USDA announced the sale of 297,000 mts of old crop soybeans to China. The only reason China is buying old...
Wright team
Jan 21, 20244 min read
Tidbits, Spread Marketing, Export Sales, Markets & Rain Days Update 1/20/24
Tidbits Agroconsult sees Brazil’s bean crop at 153.8 mil mts, down from 158.8 in December (USDA 157). Panama Canal officials announced...
Wright team
Jan 20, 20245 min read
Tidbits, Kevin Duling's Comments, Broilers & Ethanol, Markets & Rain Days Update 1/19/24
Market Comment Last evening Kevin Duling sent his clients his weekly letter. Here are his highlights: "Did we cross the threshold this...
Wright team
Jan 19, 20244 min read
Tidbits, Markets & Rain Days Update 1/18/24
Tidbits HedgePoint Global, a world-wide financial risk management service reduced their estimate of Brazil's soy crop from 160 to 153 mil...
Wright team
Jan 18, 20242 min read
Weekly Summary & Recommendations 1/17/24
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright team
Jan 17, 20243 min read
Tidbits, Export Inspections, Markets & Rain Days Update 1/17/24
Tidbits Yesterday morning, USDA reported the sale of 126,700 mts of old crop corn to Mexico. NOPA December crush was a record at 193.5...
Wright team
Jan 17, 20242 min read
Tidbits, Markets & Rain Days Update 1/16/24
Tidbits AGRural lowered Brazil soybean production estimate by 9 million to 150.1 mil mts. Dr. Michael Cordonnier: Lowered Brazil...
Wright team
Jan 16, 20243 min read
Friend or Foe: Marketing Example, Tidbits & Rain Days Update 1/15/24
Friend or Foe: Marketing Example A farmer produced 200,000 bu of corn in 2023. Then he delivered 100,000 bushels of cash corn in...
Wright team
Jan 15, 20244 min read
Weekly Basis 1/14/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA)...
Wright team
Jan 14, 20243 min read
Tidbits, Marketing Comments & Plans, Rain Days Update 1/14/24
Marketing Tidbits, Comments & Plans Kory Melby is a former Minnesota farmer who immigrated to Brazil about 24 years ago and became a...
Wright team
Jan 14, 20244 min read
Tidbits, January S&D Analysis, Markets & Rain Days Update 1/13/24
Highlights Iran captured an oil tanker off the coast of Oman. A few months ago, a shipload of Iranian oil was seized over US sanctions...
Wright team
Jan 13, 20243 min read
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