Tidbits, Rate Cut, Fuel Inventories, Pagers, Broilers & Ethanol 9/19/24
Highlights The Federal Reserve reduced the Fed Fund Interest Rate by 50 basis points. Eleven or the 12 board members voted to reduce the...
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Wright team
- Sep 12
- 5 min
Tidbits, U.S. CPI, Russia-Ukraine, Broilers & Ethanol 9/12/24
Highlights The US CPI data (inflation at retail level) for August +0.2% as expected. For the past 12 months, the CPI was up 2.5%,...
Wright team
- Sep 6
- 5 min
Tidbits, Crude & Used Oil, Private Jobs, Broilers & Ethanol 9/6/24
Highlights Crude oil was supported yesterday by Saudi Arabia's decision to recommend OPEC+ postpone production increase in October....
Wright team
- Aug 29
- 6 min
Tidbits, Contracts Roll Math & Options, OPEC+, Broilers & Ethanol 8/29/24
Highlights Statistics Canada reported yesterday the 2024 Canadian corn crop is 15.229 million mts, down 1.2% from last year. The average...
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 15
- 5 min
Tidbits, Consumer Inflation, Transportation Issues & Trades, Broilers & Ethanol 8/15/24
Highlights DTN lead analyst, Todd Hultman, said on August 12 during a webinar about S&D report: “Speculators in the corn market have been...
Wright team
- Aug 8
- 3 min
Tidbits, Crude Oil Demand, S&D Estimates, Broilers & Ethanol 8/8/24
Highlights Farmers and agronomists are sounding the alarm that Tar Spot is becoming quite a problem once again in the far Eastern Corn...
Wright team
- Aug 1
- 3 min
Tidbits, HAMAS, Corn Crops & Low, Broilers & Ethanol 8/1/24
Highlights The Federal Reserve Chairman, Jerome Powell, said the Fed may be ready to reduce interest in September as recent data added to...
Wright team
- Jul 25
- 5 min
Tidbits, Drones, PMI, Cotton Competition, Broilers & Ethanol 7/25/24
Tidbits The S&P 500 and NASDAQ Indexes were down on Wednesday and had its worst day since late 2022 due to a selloff in high-flying...
Wright team
- Jul 18
- 4 min
Tidbits, Hurricane, Stock Market, Broilers & Ethanol 7/18/24
Highlights Eric Snodgrass: "We use that term derecho when we’re talking about a storm system that produces damaging winds over at least a...
Wright team
- Jul 11
- 4 min
Tidbits, Marketing Service & Tools, S&D Estimates, Broilers & Ethanol 7/11/24
Marketing Service & Tools Many (most) agricultural marketing services provide information, but make no pricing recommendations. The eight...
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 27
- 5 min
Tidbits, Corn Carryover, CO2 Pipeline, Broilers & Ethanol 6/27/24
Highlights Yesterday was a painful day for those of us expecting this oversold corn market to recover a bit before tomorrow’s USDA Actual...
Wright team
- Jun 21
- 5 min
Tidbits, CBOT Options, Weather Forecast, Broilers & Ethanol 6/21/24
Highlights July CBOT options expire today. A week from today is the Actual Planted Acres, Wheat Production, and Quarterly Grain Inventory...
Wright team
- Jun 13
- 4 min
Tidbits, USDA June S&D, Broilers & Ethanol 6/13/24
Highlights Yesterday morning, the consumer price index for May was unchanged from April and up 3.3% for the past 12 months. Core CPI was...
Wright team
- Jun 6
- 4 min
Tidbits, Crop Estimates, Weather, Broilers & Ethanol 6/6/24
Highlights The weekly ethanol report numbers were supportive for corn prices, but the market ignored it. Ethanol production was the...
Wright team
- May 31
- 3 min
Tidbits, Economy, Russian Wheat, Broilers & Ethanol 5/31/24
Highlights The USA GDP for the first quarter was reported at 1.3% versus 1.2% estimate. Jobless claims were 219,000 to 218,000 expected...
Wright team
- May 23
- 4 min
Tidbits, Prices in China, Weather in Brazil, Broilers & Ethanol 5/23/24
Highlights June CBOT options expire tomorrow. Yesterday, China soybean futures traded at highs for the year at the equivalent of $15.27...
Wright team
- May 16
- 4 min
Tidbits, Robert Fico, Biodiesel, Broilers & Ethanol 5/16/24
Highlights Slovakia is a member of the EU and NATO. Its Prime Minister, Robert Fico, was shot yesterday morning US time by a 71-year-old...
Wright team
- May 9
- 4 min
Tidbits, Wheat Harvest Basis, Crude Oil, PMI, Broilers & Ethanol 5/9/24
Highlights Biden said late yesterday he will withhold weapons from Israel if it invades Rafah. Most news reports state Israel’s military...
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