Tidbits, Crude Oil, Economy, Broilers & Ethanol, Markets & Rain Days Update 6/2/23
Highlights The OPEC+ meeting this Sunday was called by Saudi Arabia to chastise other members for pumping more crude oil than they...
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Wright Team
- May 31
- 4 min
Tidbits, Weather, PMI, Export Inspections, Markets & Rain Days Update 5/31/23
"Good afternoon Roger, You haven't said much about USA weather lately. Here in southeast Iowa it feels more like June 30th than May 30th....
Wright Team
- May 29
- 5 min
Tidbits, Debt Ceiling, Droughts, Markets & Rain Days Update 5/29/23
Highlights Turkey’s President Erdogan has won the runoff election yesterday. His victory will make Putin happy. All the Asian markets...
Wright Team
- May 26
- 4 min
Tidbits, Economy, Sales Cancellations, Export Sales, Markets & Rain Days Update 5/26/23
Highlights A load of USA economic news was released yesterday morning and all of it was better than expected, which means we are more...
Wright Team
- May 20
- 3 min
Tidbits, Debt Ceiling, Grain Deal, Markets & Rain Days Update 5/20/23
Highlights Just before midday yesterday, negotiations on raising the US debt ceiling broke off, which pretty much sent all markets around...
Wright Team
- May 17
- 4 min
Tidbits, Economy, Teucrium, ENSO, Markets & Rain Days Update 5/17/23
Highlights The fast planting progress for corn and beans with a favorable weather forecast kicked those two markets lower Monday evening....
Wright Team
- May 8
- 4 min
Tidbits, Inflation, Audio, Russia, Markets & Rain Days Update 5/8/23
About Inflation "Roger, any thoughts on how bad inflation is going to get? Thanks, Mike" The Consumer Price Index (CPI) is the measure of...
Wright Team
- May 7
- 4 min
Tidbits, Economy, Safrinha Crop, Fuel, Rain Days Update 5/7/23
Highlights Wheat harvest in Central Kansas started yesterday. They must have had some pretty dry weather… This is when wheat harvest...
Wright Team
- May 3
- 5 min
Tidbits, Economy, Expected Rally, Grain Corridor, ENSO, Markets & Rain Days Update 5/3/23
Highlights We mentioned yesterday China’s disappointing April Purchasing Managers’ Index (PMI) was released on Monday before the sun set...
Wright Team
- May 2
- 3 min
Tidbits, Banks, Crops, Crush, Export Inspections, Markets & Rain Days Update 5/2/23
Highlights Crop conditions and progress reports yesterday afternoon were slightly supportive for wheat. Corn, at 26% planted, was...
Wright Team
- Apr 30
- 4 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
- Apr 26
- 5 min
Tidbits, Alan's Tech Analysis, Markets & Rain Days Update 4/26/23
Highlights Yesterday was an economic gloom and doom day made even more negative because it might rain in Kansas. The G7 and several...
Wright Team
- Apr 12
- 3 min
Tidbits, April USDA S&D, Markets & Rain Days Update 4/12/23
Highlights USDA numbers made no sense for beans and, to lesser extent, corn. Basis, spreads and technical factors are our best predictors...
Wright Team
- Apr 11
- 4 min
Tidbits, S&D Expectations, Wheat, FedCoin, Export Inspections, Markets & Rain Days Update 4/11/23
Highlights The USDA will issue its April Supply and Demand (S&D) Report today at 10 AM Mountain Time. The expected numbers in million...
Wright Team
- Apr 10
- 4 min
Tidbits, Banking, Digital Currency, Markets & Rain Days Update 4/10/23
Highlights On Friday, First Republic Bank filed a regulatory document that it will suspend quarterly cash dividends on its preferred...
Wright Team
- Apr 9
- 5 min
Tidbits, AG Production Outlook, Rain Days Update 4/9/23
Outlook for Production Agriculture as of April 2019 (and April 2023 update) Long Term Outlook World population is increasing and more...
Wright Team
- Apr 7
- 4 min
Tidbits, Economy, Wheat Prices Retrospective, Export Sales, Markets & Rain Days Update 4/7/23
American markets are closed today and will begin trading normal time Sunday evening. Highlights The US initial claims for unemployment...
Wright Team
- Apr 6
- 3 min
Tidbits, Economy, Broilers & Ethanol, Markets & Rain Days Update 4/6/23
Highlights There was a lot of US and world economic news yesterday. While none of it was terrible, none of it was as “good” as expected....
Wright Team
- Apr 5
- 4 min
Tidbits, Economy, Markets & Rain Days Update 4/5/23
Highlights US manufacturing activity projected for April fell to the lowest level in the last 14 years. All components of the industrial...
Wright Team
- Apr 4
- 4 min
Tidbits, Economy, Argentina, Plantings, Export Inspections, Markets & Rain Days Update 4/4/23
Highlights We consider the biggest short-term bearish threat is another banking “crisis” to scare the markets. We put the risk of that...
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