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Tidbits, ENSO, Corn Price History, Broilers & Ethanol, Markets & Rain Days Update 9/28/23
A micro natural gas futures and options contract will begin trading on November 6th. The micro contract size will be 1,000 mbtu (million...
Wright Team
Sep 28, 20234 min read
Weekly Summary & Recommendations 9/27/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright Team
Sep 27, 20233 min read
Tidbits, Quarterly Stocks Estimates, Markets & Rain Days Update 9/27/23
Highlights Dr. Cordonnier cut his US corn yield estimate by 1.5 bu to 171.5 and reduced bean yields by a half bushel to 49.0. The...
Wright Team
Sep 27, 20234 min read
Tidbits, Export Inspections, Markets & Rain Days Update 9/26/23
Highlights The war is escalating. Yesterday morning, the USDA reported the sale of 1,049,771 mts of old crop corn and 611,389 mts of new...
Wright Team
Sep 26, 20234 min read
Tidbits, Yield Reports, Markets & Rain Days Update 9/25/23
Crop Feedback Jake has a marketing service in Wahpeton, North Dakota. He sent this information Sunday afternoon: "Hello Roger, I have...
Wright Team
Sep 25, 20234 min read
Tidbits, eFuel, Rainfall Comment, Rain Days Update 9/24/23
Highlights In Australia, Chevron’s employee union accepted, as Chevron already had, proposals from the country’s industrial arbitrator....
Wright Team
Sep 24, 20234 min read
Weekly Basis 9/24/23
It's our weekly grain market prices and US grain basis analysis and outlook on September 24, 2023 for corn, soybeans and wheat. The Dow...
Wright Team
Sep 24, 20233 min read
Tidbits, Wheat, Cattle, Markets & Rain Days Update 9/23/23
Highlights A tow of barges ran aground near Vicksburg, Mississippi yesterday; navigation is closed until the tow is freed. Russia...
Wright Team
Sep 23, 20234 min read
Tidbits, Pre-hedging, Export Sales, Markets & Rain Days Update 9/22/23
Pre-Hedging October Options Expire today, it will impact the prices at least temporarily. Pre-hedging: In the grain business,...
Wright Team
Sep 22, 20234 min read
Tidbits, Inventories, Soybeans Exports, Broilers & Ethanol, Markets & Rain Days Update 9/21/23
Highlights Federal Reserve Chairman Jerome Powell suggested interest rates will be “higher for longer” and could stay above 5% this year...
Wright Team
Sep 21, 20235 min read
Weekly Summary & Recommendations 9/20/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright Team
Sep 20, 20233 min read
Tidbits, Markets & Rain Days Update 9/20/23
Tidbits Recent data shows China’s economy is finding its footing. This afternoon, the Fed will reveal how it thinks the US economy is...
Wright Team
Sep 20, 20235 min read
Tidbits, Crop Conditions, Brazil, Export Inspections, Markets & Rain Days Update 9/19/23
Highlights Yesterday December corn took out its previous 2023 low of $4.73½ with a trade down to $4.69. It settled at $4.71½, down 4¾¢....
Wright Team
Sep 19, 20234 min read
Tidbits, Fertilizer, Diesel, China's Economy, Markets & Rain Days Update 9/18/23
Tidbits Mark has a friend near Oto in Woodbury County, Iowa who has cut two fields of beans. The first was 15 bu/ac, the second field 35...
Wright Team
Sep 18, 20234 min read
Weekly Basis 9/17/23
It's our weekly grain market prices and US grain basis analysis and outlook on September 17, 2023 for corn, soybeans and wheat. The Dow...
Wright Team
Sep 17, 20234 min read
Tidbits, Insurance Hedging, Rain Days Update 9/17/23
Tidbits Chris farms near Andrew, in Central Alberta, Canada northeast of Edmonton. He reported Friday morning: "Good morning, Roger, We...
Wright Team
Sep 17, 20235 min read
Tidbits, Q&A: Grain Hedging, Markets & Rain Days Update 9/16/23
Tidbits The NOPA August soybean crush was 161.453, 6.35 million bushels less than the market expected. That was an 11-month low and down...
Wright Team
Sep 16, 20236 min read
Tidbits, Currency, Drought Areas, Soybean Yields, Export Sales, Markets & Rain Days Update 9/15/23
Marketing Comment The soybean meal and soybean oil marketing years end September 30. As always, there are shipments previously bought to...
Wright Team
Sep 15, 20234 min read
Tidbits, DP, Revenue Insurance, Broilers & Ethanol, Markets & Rain Days Update 9/14/23
More on DP Contracts Yesterday, we wrote about a “dump” charge on DP grain. Several folks asked what was a “dump” charge? We have not...
Wright Team
Sep 14, 20236 min read
Weekly Summary & Recommendations 9/13/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright Team
Sep 13, 20233 min read
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