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...
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Wright team
Aug 305 min
Tidbits, GDP, Stocks, September Deliveries, Export Sales 8/30/24
Highlights Most markets except financials will be closed on Monday, September 2, due to the Labor Day holiday. Trade will resume Monday...
Wright team
Jul 314 min
Tidbits, Rain Makes Grain, China, Deliveries 7/31/24
Highlights The grain industry has been bad-mouthing China’s economic outlook which the grain industry says will greatly reduce China’s...
Wright team
Jul 44 min
Tidbits, Palm Oil Market, Deliveries 7/5/24
Tidbits S&P Global is projecting this year’s corn yield at 182.5 bushels (USDA 181) for a crop of 15.23 billion bushels! Lance traveled...
Wright team
Jul 14 min
Tidbits, Marketing Comments, Crop Conditions, Deliveries, Export Inspections 7/2/24
Market Comment Kevin Duling from Maupin, Oregon sent these comments to his clients yesterday afternoon about the USDA numbers: "After the...
Wright team
Jun 304 min
Tidbits, Friday’s Carnage Analysis, Water & Oxygen 6/30/24
Analysis of Friday’s Carnage Benson Quinn Commodities said the biggest surprise on Friday was USDA apparently delaying release with no...
Wright team
Jun 283 min
Tidbits, July Deliveries, Weather, Export Sales 6/28/24
Highlights At 11 AM Central Time today, the USDA will release its Actual Planted Acres, Quarterly Grain Inventory as of June 1st, and US...
Wright team
Mar 44 min
Tidbits, OPEC Cuts, World Temperature, Deliveries 3/4/24
Highlights OPEC+ members agreed yesterday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter of...
Wright team
Mar 14 min
Tidbits, Wildfires in Texas, Deliveries, Export Sales 3/1/24
Highlights Yesterday concluded the averaging of the Revenue Assurance. So far, the averages are $4.66 for corn, $11.56 for beans and...
Wright team
Dec 4, 20233 min
Tidbits, Mato Grosso, Markets & Rain Days Update 12/4/23
The USDA will issue its December S&D on Friday at 11 AM Central Time. There will be no adjustments for US 2023 crops, just demand...
Wright Team
Aug 6, 20235 min
Tidbits, Russian, Wheat Prices, Rain Days Update 8/6/23
Crop Feedback Received the following last evening from Clint, and we thank him for taking the time to give this crop report: "Roger, we...
Wright Team
Apr 30, 20234 min
Tidbits, Market Comments, Rain Days Update 4/30/23
Highlights Banking regulators decided Friday afternoon First Republic Bank cannot be saved; there is no more time to pursue a rescue...
Wright Team
Dec 6, 20223 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
Dec 2, 20223 min
Tidbits, Export Sales, Markets & Rain Days Update 12/2/22
Highlights Soybean oil went down the daily limit and “locked” there in five contract months. “Locked” means there was no trading at limit...
Wright Team
Dec 1, 20224 min
Tidbits, Broilers & Ethanol, Markets & Rain Days Update 12/1/22
Highlights The House of Representatives passed a resolution yesterday to force the adoption of the agreement by the railroads and the...
Wright Team
Nov 30, 20223 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
Sep 1, 20223 min
Highlights, Crude Oil Demand, ENSO, Broilers & Ethanol, Markets & Rain Days Update 9/1/22
Highlights USDA announced yesterday morning the sale of 167,000 mts of new crop soybeans to China. Crop Consultant Dr. Michael Cordonnier...
Wright Team
Aug 31, 20223 min
Highlights, Markets & Rain Days Update 8/31/22
Highlights A few days ago, we reported a client’s fuel supplier told him that they were unable to get a load of diesel and their truck...
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