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Tidbits, September S&D, DP & Other Contracts, Yields, Markets & Rain Days Update 9/13/23
Highlights The USDA numbers did not justify a 25 to 30¢ lower close on soybeans. The 50.1 bu yield was in line with expectations. The...
Wright Team
Sep 13, 20236 min read
September USDA Numbers 9/12/23
Negative corn and beans, Friendly Wheat 18 Minutes After Report was released: December corn -10 November beans -16.75 December CBOT wheat...
Wright Team
Sep 12, 20231 min read
Tidbits, Weather, ENSO, Export Inspections, Markets & Rain Days Update 9/12/23
Market Comment The USDA will issue its September S&D today at 11:00 AM Central. This report will either make the low for the year on corn...
Wright Team
Sep 12, 20235 min read
Tidbits, Re-owning Corn, SAF, Markets & Rain Days Update 9/11/23
Market Comment Brian near Alta in Buena Vista County, Northwest Iowa has chopped silage for six different farmers. Yields corrected to...
Wright Team
Sep 11, 20234 min read
Weekly Basis 9/10/23
It's our weekly grain market prices and US grain basis analysis and outlook on September 10, 2023 for corn, soybeans and wheat. The Dow...
Wright Team
Sep 10, 20233 min read
Tidbits, Hedging & Marketing Comment, Russia & SWIFT, Rain Days Update 9/10/23
Comment on Marketing and Hedging The Pro Farmer market friendly numbers were released Friday, August 25 after the CBOT closed. The next...
Wright Team
Sep 10, 20234 min read
Tidbits, Yield Observations, S&D Estimates, Export Sales, Markets & Rain Days Update 9/9/23
Tidbits USDA announced yesterday morning China bought 121,000 mts of soybeans. Corn crushed in July for ethanol was 454 million bushels,...
Wright Team
Sep 9, 20234 min read
Tidbits, Broilers & Ethanol, Markets & Rain Days Update 9/8/23
Highlights Dayton Cargill’s corn syrup plant is grinding 145,000 bushels per day, the largest daily grind in about three years. Wednesday...
Wright Team
Sep 8, 20235 min read
Tidbits, Rains in China, Markets & Rain Days Update 9/7/23
Highlights Informa’s updated US yield numbers have corn at 177.5 vs. 175.1 in August with production at 15.395 billion vs. 15.111 in...
Wright Team
Sep 7, 20234 min read
Weekly Summary & Recommendations 9/6/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright Team
Sep 6, 20233 min read
Tidbits, Crop Estimates, ENSO, Export Inspections, Markets & Rain Days Update 9/6/23
Highlights Initial harvest reports are pointing toward smaller crops than USDA projected for soybeans and corn. Consensus is that...
Wright Team
Sep 6, 20234 min read
Tidbits, Energy, Sochi Meeting, Markets & Rain Days Update 9/5/23
One week from today will be the USDA’s September Crop Production and S&D Reports. All eyes will be on the US corn and beans yields as...
Wright Team
Sep 5, 20234 min read
Tidbits, US-China Debt, Rain Days Update 9/4/23
Highlights Rapidly forming El Niño conditions over the central and eastern Pacific Ocean have increased the probability of a strong...
Wright Team
Sep 4, 20233 min read
Weekly Basis 9/3/23
It's our weekly grain market prices and US grain basis analysis and outlook on September 3, 2023 for corn, soybeans and wheat. The Dow...
Wright Team
Sep 3, 20233 min read
Tidbits, Asian Leaf Rust, Rain Days Update 9/3/23
How Asian Leaf Rust changed the paradigm of world grain trade Before 2001, Brazil was a net importer of corn. Now, Brazil is the world’s...
Wright Team
Sep 3, 20233 min read
Tidbits, Weather & Crops, Economy, Markets & Rain Days Update 9/2/23
Highlights For the seventh consecutive day, the USDA announced yesterday 198,000 tons of beans were sold to the unknown. The weather...
Wright Team
Sep 2, 20234 min read
Tidbits, Pro Farmer Tour Final, Year Change, Carry, Export Sales, Markets & Rain Days Update 9/1/23
Friday's Report Today is the first day of the 2023-2024 crop marketing year for corn and soybeans. The USDA is gathering information this...
Wright Team
Sep 1, 20234 min read
Tidbits, Corn Carry, Broilers & Ethanol, Markets & Rain Days Update 8/31/23
Corn Carry Carry is the return storage. In the futures market, it is measured by the spread (price difference) between a pair of futures...
Wright Team
Aug 31, 20235 min read
Weekly Summary & Recommendations 8/30/23
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright Team
Aug 30, 20233 min read
Tidbits, Canada Production, SAF, Markets & Rain Days Update 8/30/23
Crop Feedback Justin farms in NE Kansas where almost every year the rains stop before the corn is mature while the day time highs average...
Wright Team
Aug 30, 20234 min read
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