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Tidbits, U.S. GDP, China PMI, Broilers & Ethanol 5/1/25
Tidbits U.S. Bureau of Economic Analysis reported yesterday morning the U.S. economy contracted 0.3% in the first quarter of 2025....
Wright team
May 14 min read
Tidbits, PMI, China, Ukraine, Wheat Conditions, Broilers & Ethanol 4/24/25
Tidbits StoneX’s fertilizer guy, Josh Linville, reports NOLA urea values have hit $450 for the first time since the end of 2022. For...
Wright team
Apr 245 min read
Tidbits, Retail Sales, Oilseed & Grain Estimates, USDA Funding, Broilers & Ethanol 4/17/25
Tidbits There was some progress with China yesterday. China stated it wants to see a number of steps from Donald Trump’s administration...
Wright team
Apr 174 min read
Tidbits, Rice, Crop Progress, Ethanol & Oil Demand, ADM, ENSO, Export Inspections 4/15/25
Tidbits The markets will be closed on 18 April, Good Friday. Yesterday morning, the USDA announced the sale of 120,000 mts of old crop...
Wright team
Apr 155 min read
Tidbits, Tariffs Pause, Docking Fees for China, Broilers & Ethanol 4/10/25
Highlights China has responded to Donald Trump's trade tariffs by raising duties on U.S. goods by from 34% to 84% and by appealing to the...
Wright Team
Apr 105 min read
Tidbits, Tariffs Announcement, Canada Oilseed, Crude Oil Production, Broilers & Ethanol 4/3/25
Highlights Trump Tariffs announced in the Rose Garden of the White House at a press conference 4 to 5 PM Eastern Time yesterday applied...
Wright Team
Apr 34 min read
Tidbits, Crude Inventories, Brazil and China Basis, Broilers & Ethanol 3/27/25
Tidbits Corn was sharply lower yesterday because of the weekly ethanol report (see below) and the fear of Monday’s USDA acreage and...
Wright Team
Mar 275 min read
Tidbits, U.S. Economy, Brazilian Corn Demand, EU Imports, Broilers & Ethanol 3/20/25
Tidbits Federal Reserve Chairman Jerome Powell said yesterday afternoon interest rates will not be changed this month, but he weighed in...
Wright Team
Mar 205 min read
Tidbits, Crude Oil, Steel Tariffs, Brazil Beans, Winter Wheat, Broilers & Ethanol 3/13/25
Highlights Corn deliveries on March futures have been zero since 7 March, so a search for a reason for yesterday’s 14¢ loss on May corn...
Wright team
Mar 135 min read
Tidbits, Economy, Crude Oil, PMI, France, Broilers & Ethanol 3/6/25
Tidbits U.S. Secretary of Commerce Howard Lutnick said President Trump is in constant contact with both Mexico and Canadian officials...
Wright team
Mar 64 min read
Tidbits, SAF Prospects, New Crop Estimates, Brazil Crops, Broilers & Ethanol 2/27/25
Highlights First thing this morning the USDA will release its projections for 2025 crops and that includes the S&D with acres planted,...
Wright team
Feb 276 min read
Tidbits, Global Estimates, Fertilizers, Spring Weather, Broiler & Ethanol 2/21/25
Highlights March CBOT options expire today which usually means lower prices. The expected hot weather in Argentina this weekend sent...
Wright team
Feb 215 min read
Tidbits, Soybeans & Meal, Truce, CPI, Basis Firming, Broilers & Ethanol 2/13/25
Agriculture futures markets are closed Monday, President’s Day. Highlights Was yesterday’s soybean action the signal that the market has...
Wright team
Feb 135 min read
Tidbits, China, SA Crops, US Trade, Broilers & Ethanol 2/6/25
Highlights China’s government and financial sectors returned to work yesterday after the Lunar New Year holiday. Equity and commodity...
Wright team
Feb 66 min read
Tidbits, SA Crops, Gov Spending, Broilers & Ethanol 1/30/25
Highlights 247AG weather predicts South American weather will be wet in the north, where they do not want it and dry in the south where...
Wright team
Jan 306 min read
Tidbits, Argentine Crops & Taxes, SAF & Farm Acts, Broilers & Ethanol 1/24/25
Tidbits Crop conditions in Argentina continue to get worse. Soybeans are rated 28% poor condition vs. 21% last week and 14% a year ago....
Wright team
Jan 245 min read
Tidbits, NOPA Crush, Wheat, Crude, Consensus, Broiler & Ethanol 1/16/25
Highlights NOPA crush in December was 206.604 million bushels, up 7% from November and up 6% from a year ago. This is the largest...
Wright team
Jan 165 min read
Tidbits, Soybean Seasonal, Economy, Broilers & Ethanol 1/9/25
Due to a National Day of Mourning for former President Jimmy Carter, equity and stock option markets will be closed today. Agricultural...
Wright team
Jan 95 min read
Tidbits, Selling Q&A, Nov Crush, Broilers & Ethanol 1/3/25
Highlights The USDA released its November crush numbers yesterday after the close: Soybean crush was 210 million bu., 10 million more...
Wright team
Jan 35 min read
Tidbits, Corn, Crude Oil, Broilers & Ethanol, Export Sales 12/28/24
Tidbits March corn settled a quarter cents higher yesterday, but higher none-the-less for the sixth consecutive day. More importantly,...
Wright team
Dec 28, 20244 min read
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