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Tidbits, NOPA, Canada, ENSO, Export Inspections 12/17/24
Tidbits Yesterday’s NOPA crush for November was down 3% from October and about 3.5 million bushels less than expected, but it was a...
Wright team
Dec 17, 20244 min read
Tidbits, Wheat, EU-Mercosur, Global Grains, ENSO, Export Inspections 12/10/24
Tidbits Today at 10 AM Mountain Time, the USDA will issue its December S&D . If the U.S. corn carryover is reduced by 75 million bushels,...
Wright team
Dec 10, 20245 min read
Tidbits, PMI, Crush Numbers, ENSO, Export Inspections 12/3/24
Highlights Yesterday, S&P Global reported China’s PMI rose to 51.5 in November, the highest since June as new export orders rose for the...
Wright team
Dec 3, 20245 min read
Tidbits, Summary of Soybean and Corn Outlook, ENSO, Export Inspections 11/26/24
Tidbits The market will be closed on Thursday observing the Thanksgiving holiday. The final crop progress report for the season: Winter...
Wright team
Nov 26, 20245 min read
Tidbits, Dec Contracts, Cooking Oil, SA Crops, ENSO, Export Inspections 11/19/24
Highlights December basis contracts and long futures positions need to be liquidated or rolled by the close of business on Wednesday, 27...
Wright team
Nov 19, 20245 min read
Tidbits, Weather Forecasting, Brazil, ENSO, Wheat 11/12/24
Tidbits Weekly Export Inspections will be released today at 10:00 a.m. CDT. Crop Progress and Conditions will be released after the close...
Wright team
Nov 12, 20245 min read
Tidbits, Harvest, ENSO, Export Inspections 11/5/24
Highlights Some analysts say yesterday afternoon’s weakness at the CBOT was because polls were showing Harris was gaining on Trump. In...
Wright team
Nov 5, 20244 min read
Tidbits, Trump & Tariffs, Harvest Progress, ENSO, Export Inspections 10/29/24
Highlights All long November soybean futures and basis contracts need to be rolled or priced by the close of business tomorrow to avoid...
Wright team
Oct 29, 20245 min read
Tidbits, Harvest Progress, ENSO, Export Inspections 10/22/24
Highlights Yesterday’s soybean export inspections were the largest weekly total in nearly two years and 69% of the beans went to China. ...
Wright team
Oct 22, 20244 min read
Tidbits, Q&A: ENSO Impact, Corn Sales, Russian Crops 10/17/24
Highlights Yesterday morning, USDA announced the sale of: 1,043,940 mts of old crop corn to Mexico 579,120 mts of new crop corn to Mexico...
Wright team
Oct 17, 20245 min read
Tidbits, China, Yield Estimates, ENSO 10/15/24
Highlights Yesterday’s U.S. commodity market was down on harvest pressure and China sent a record 125 military aircraft to encircle...
Wright team
Oct 15, 20245 min read
Tidbits, ENSO Q&A: El Niño & La Niña 10/14/24
Q&A: ENSO Eugene asked: "Last Tuesday, you guys reported this ENSO chart: Your comment says that 60 days below the -0.5 threshold forms...
Wright team
Oct 14, 20245 min read
Tidbits, Crude Oil, Harvest Progress, ENSO, Export Inspections 10/8/24
Highlights Cash crude oil was $2.91 higher and futures were $2.76 higher yesterday for several reasons: Expectations Israel will hit...
Wright team
Oct 8, 20244 min read
Tidbits, USDA Stocks Report, Harvest Progress, ENSO, Export Inspections 10/1/24
Highlights Nothing in yesterday’s reports changed our price outlook. We expected neutral to somewhat friendly numbers and that is what...
Wright team
Oct 1, 20244 min read
Tidbits, India, Harvest Progress, ENSO, Export Inspections 9/24/24
Highlights There is another tropical storm that will likely become a hurricane in the Gulf to disrupt crude oil production. Both wars...
Wright team
Sep 24, 20244 min read
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...
Wright team
Sep 17, 20244 min read
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 10, 20245 min read
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
Sep 4, 20244 min read
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 27, 20244 min read
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 22, 20245 min read
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