Tidbits, Corn Market Study, Broilers & Ethanol, Markets & Rain Days Update 3/23/23
Highlights As expected by the market, the Federal Reserve raised interest rates 25 basis points yesterday. The interest rate hike was...
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Wright Team
- Mar 16
- 4 min
Tidbits, Crude Oil, Fuel, Broilers & Ethanol, Markets & Rain Days Update 3/16/23
Highlights Crude oil traded 80¢ to $1.22 higher most of Tuesday evening to about the start of the business day in Europe. Crude oil...
Wright Team
- Mar 9
- 4 min
Tidbits, USDA S&D, US Jobs, ENSO, Broilers & Ethanol, Markets & Rain Days Update 3/9/23
Highlights The USDA’s domestic corn and world corn carryover projections were both larger than expected. Corn finished the day down 8 to...
Wright Team
- Mar 2
- 3 min
Tidbits, Soybeans, Fertilizers, Broilers & Ethanol, Markets & Rain Days Update 3/2/23
Roger’s reference yesterday to Market Analyst Bill Crowder recommending his clients sell all corn and beans needs to be modified. Bill...
Wright Team
- Feb 24
- 4 min
Tidbits, 2023 Ag Outlook, Broilers & Ethanol, Markets & Rain Days Update 2/24/23
USDA 2023 Ag Outlook Forum The USDA 2023 Ag Outlook Forum took center stage yesterday, but it was not nearly as important as the market...
Wright Team
- Feb 16
- 4 min
Tidbits, Soybeans & Crush, Palm Oil, ENSO, Broilers & Ethanol, Markets & Rain Days Update 2/16/23
Highlights Yesterday morning's US retail sales were reported up 3% in January vs. expectations of 2%. Good economic news is bad news for...
Wright Team
- Feb 9
- 4 min
Tidbits, Feb. S&D Analysis, Broilers & Ethanol, Markets & Rain Days Update 2/9/23
Highlights Nothing in yesterday's numbers changed our outlook for prices in 2023. On yesterday’s reports, USDA did: Reduced Argentina’s...
Wright Team
- Feb 2
- 4 min
Tidbits, Veg Oils, SAF, Corn Spreads, Broilers & Ethanol, Markets & Rain Days Update 2/2/23
Highlights The Federal Reserve increased its base interest rate 25 basis points (one-fourth of 1%) yesterday as expected. The market...
Wright Team
- Jan 26
- 5 min
Tidbits, Farmers Risk, Broilers & Ethanol, Markets & Rain Days Update 1/26/23
Highlights India announced yesterday morning it will auction government owned wheat to retard domestic prices. That news shot wheat...
Wright Team
- Jan 20
- 4 min
Tidbits, ENSO, Broilers & Ethanol, Markets & Rain Days Update 1/20/23
Highlights The UN Secretary-General who is at the annual World Economic Forum in Davos, Switzerland, said the world economy is in sad...
Wright Team
- Jan 12
- 3 min
Tidbits, Pre-S&D, Put Cost, Broilers & Ethanol, Markets & Rain Days Update 1/13/23
After Friday’s normal closing time, CBOT will not reopen until Monday evening in observance of MLK. Highlights The USDA will dump a truck...
Wright Team
- Jan 6
- 4 min
Tidbits, About New Crop, SA Estimates, Broilers & Ethanol, Markets & Rain Days Update 1/6/23
About 2023 new crop Justin asked: "What’s your 2023 new crop recommendations? Will u be putting those out soon? Or do u wait until old...
Wright Team
- Dec 30, 2022
- 5 min
Tidbits, Broilers & Ethanol, Price Expectations, Markets & Rain Days Update 12/30/22
Tidbits More than 150 missles plus an unknown number of Iranian drones hit Ukraine's energy infrastructure yesterday. People in Nigeria...
Wright Team
- Dec 22, 2022
- 4 min
Tidbits, Japan Wheat, Broilers & Ethanol, Markets & Rain Days Update 12/22/22
Highlights The hospitals in China will have more than 5.8 million beds occupied during the current epidemic. Deaths in the big cities are...
Wright Team
- Dec 15, 2022
- 4 min
Tidbits, Nuclear Fusion, Fertilizers, Broilers & Ethanol, Markets & Rain Days Update 12/15/22
Highlights Before December 5th, every controlled nuclear reaction that has ever occurred in this world produced a huge amount of energy...
Wright Team
- Dec 8, 2022
- 3 min
Tidbits, Broilers & Ethanol, Markets & Rain Days Update 12/8/22
Highlights Ukrainian drones struck a third Russian airfield hundreds of kilometers into Russia. The range of the drone attack surprised a...
Wright Team
- Dec 1, 2022
- 4 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 24, 2022
- 3 min
Tidbits, Brazil, Broilers & Ethanol, Markets & Rain Days Update 11/24/22
Highlights Vegetable oil (palm, soybean, canola, sunflower, and five more) prices are now directly tied to the price of crude oil because...
Wright Team
- Nov 17, 2022
- 4 min
Tidbits, Corn Carry, Broilers & Ethanol, Markets & Rain Days Update 11/17/22
Highlights Everyone except a few people in Ukraine’s government, agree Russia did not attack Poland. But the Biden Administration issued...
Wright Team
- Nov 10, 2022
- 3 min
Tidbits, USDA S&D, Broilers & Ethanol, Markets & Rain Days Update 11/10/22
Highlights The USDA numbers were very neutral. There were no changes to the national average prices expected to be paid to farmers for...
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