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...
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Wright team
- Sep 24
- 4 min
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. Â Both wars...
Wright team
- Sep 17
- 4 min
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 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 20
- 4 min
Tidbits, ProFarmer Tour, Crop Conditions, Export Inspections 8/20/24
Highlights ProFarmer Tour field comments Monday: Â Average pod counts for soybeans in a 3x3 foot plot in northeast Nebraska (Knox, Cedar,...
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 23
- 5 min
Tidbits, Weather, Crop Conditions, ENSO, Export Inspections 7/23/24
Highlights August options expire this Friday. All July basis contracts and long July CBOT futures positions must be rolled or priced no...
Wright team
- Jul 16
- 5 min
Tidbits, JD Vance, Crop Conditions, Export Inspections 7/16/24
Highlights Expectation of an event will move the market more than confirmation of the event. Yesterday, the market was trading a corn...
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 1
- 4 min
Tidbits, Marketing Comments, Crop Conditions, Deliveries, Export Inspections 7/2/24
Market Comment Kevin Duling from Maupin, Oregon sent these comments to his clients yesterday afternoon about the USDA numbers: "After the...
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 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...
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