Tidbits, Crude Oil, Setzer's Summary, Crop Conditions, ENSO, Export Inspections 9/17/24
Highlights Compared to July, the NOPA August crush decreased 14% to 158.008 million bu. The market expected 171.325! The August crush was...
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Wright team
- Sep 10
- 5 min
Tidbits, Chinese Economy, Crop Conditions, ENSO, Export Inspections 9/10/24
Highlights A developing tropical storm that is expected to track through the Gulf of Mexico and hit parts of Texas and Louisiana by...
Wright team
- Sep 4
- 4 min
Tidbits, Wheat Marketing, July Crush, Crop Conditions, ENSO, Export Inspections 9/4/24
Highlights The USDA reported the crush numbers for July: Soybean crush in July was 193 million bushels, 8 million bushels more (4.3%)...
Wright team
- Aug 27
- 4 min
Tidbits, Crude Oil, Crop Conditions, ENSO, Export Inspections 8/27/24
Highlights There was no agreement on Sunday in the Gaza ceasefire talks that took place in Egypt . Neither Hamas nor Israel agreed to...
Wright team
- Aug 22
- 5 min
Tidbits, Wheat Hedge, ProFarmer IL & IA, Jobs Cut, ENSO, Broilers & Ethanol 8/22/24
Highlights ProFarmer Tour 2024 results for Illinois were up 5.4% year-on-year, topping the old tour high of 196.96 from 2014. USDA sees...
Wright team
- Aug 13
- 3 min
Tidbits, USDA S&D Report, Crop Conditions, ENSO, Export Inspections 8/13/24
Highlights USDA's August S&D report summary: Corn harvested acres down 700,000 to 82.7 million. Corn yield up 2.1 bushels per acre to...
Wright team
- Aug 6
- 4 min
Tidbits, Stock Market Decline, Crop Conditions, ENSO, Export Inspections 8/6/24
Highlights Japan's stock market suffered its second largest stock market decline ever on Monday, world markets followed. Not that it was...
Wright team
- Jul 30
- 4 min
Tidbits, Corn Highs & Lows, Crop Conditions, ENSO, Export Inspections 7/30/24
Highlights Crop Condition as of Sunday evening: Winter wheat is 82% harvested, 2% more than the 5 year average pace. Spring wheat is 1%...
Wright team
- Jul 17
- 4 min
Tidbits, Basis Contract Roll, Crude Oil, Brazil Corn, ENSO 7/17/24
Highlights All three wheat classes were lower yesterday, but the price free-fall was stopped by Egypt and Algeria submitted tenders to...
Wright team
- Jul 9
- 3 min
Tidbits, Weather, Crop Conditions, ENSO, Export Inspections 7/9/24
Highlights The first sentence of yesterday’s report was: "Sunday’s weather forecast indicates remnants of Hurricane Beryl will probably...
Wright team
- Jul 3
- 3 min
Tidbits, Drought Monitor, ENSO, Broilers & Ethanol 7/4/24
The CBOT will start trading at 8:30 AM Central Time Friday. Highlights Soybean oil leaped higher yesterday, with August up 1.6¢ per...
Wright team
- Jun 25
- 4 min
Tidbits, Crop Conditions, ENSO, Export Inspections 6/25/24
Highlights "North Carolina will more than likely be labeled as a State of Emergency next week or the following in regards to drought....
Wright team
- Jun 18
- 4 min
Tidbits, Crop Conditions, ENSO, Export Inspections 6/18/24
Highlights Agrinvest Commodities’ Eduardo Vanin yesterday morning comments: "Basis FOB Brazil and CFR China dropped quickly last week....
Wright team
- Jun 15
- 4 min
Tidbits, ENSO, Petrodollars, China's Corn 6/15/24
Highlights The US dollar rallied sharply yesterday midday trade at its highest level since May 1st. With the exception of North Dakota,...
Wright team
- Jun 11
- 4 min
Tidbits, Planting Progress, ENSO, Export Inspections 6/11/24
Highlights The US corn crop is 95% planted vs. 91% last week. Corn is 85% emerged vs. 84% average. It is rated 74% good or excellent, 1%...
Wright team
- Jun 4
- 4 min
Tidbits, Planting Progress, Spain, Rice, ENSO, Export Inspections 6/4/24
Highlights Crude oil prices dropped $2+ yesterday when Israeli Prime Minister Benjamin Netanyahu said that he is ready to suspend...
Wright team
- May 29
- 4 min
Tidbits, Trade Embargo, Planting Progress, Wheat, ENSO, Export Inspections 5/29/24
Highlights Deputy Assistant to President Biden for National Security Affairs, Dalip Singh, said the United States may introduce a trade...
Wright team
- May 21
- 3 min
Tidbits, Planting Progress, ENSO, Export Inspections 5/21/24
Highlights From a seasonal point of view, this rally in wheat may be the last one to test recent highs or make new highs as the seasonal...
Wright team
- May 14
- 4 min
Tidbits, Wheat Pricing, Planting Progress, EV Tariffs, ENSO, Export Inspections 5/14/24
Highlights Planting progress: The Nation’s corn crop is 49% planted; the 5-year average is 54%. Soybeans are 35% planted; the 5-year...
Wright team
- May 7
- 4 min
Tidbits, HTA Fees, Planting Progress, ENSO, Economy, Export Inspections 5/7/24
Fees As prices have firmed since February 26th, many of our clients have had conversations with merchandisers about marketing tools. From...
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