Tidbits, Pre-hedging, Export Sales, Markets & Rain Days Update 9/22/23
Pre-Hedging October Options Expire today, it will impact the prices at least temporarily. Pre-hedging: In the grain business, pre-hedging...
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Wright Team
- Sep 15
- 4 min
Tidbits, Currency, Drought Areas, Soybean Yields, Export Sales, Markets & Rain Days Update 9/15/23
Marketing Comment The soybean meal and soybean oil marketing years end September 30. As always, there are shipments previously bought to...
Wright Team
- Sep 9
- 4 min
Tidbits, Yield Observations, S&D Estimates, Export Sales, Markets & Rain Days Update 9/9/23
Tidbits USDA announced yesterday morning China bought 121,000 mts of soybeans. Corn crushed in July for ethanol was 454 million bushels,...
Wright Team
- Sep 1
- 4 min
Tidbits, Pro Farmer Tour Final, Year Change, Carry, Export Sales, Markets & Rain Days Update 9/1/23
Friday's Report Today is the first day of the 2023-2024 crop marketing year for corn and soybeans. The USDA is gathering information this...
Wright Team
- Aug 25
- 5 min
Tidbits, Pro Farmer IA & MN, Bean Meal Options, Export Sales, Markets & Rain Days Update 8/25/23
Highlights Pro Farmer Crop Tour Results Thursday: Drought Monitor: % change of crop area in drought Corn +1, Cotton +8, Sorghum +1,...
Wright Team
- Aug 18
- 3 min
Tidbits, Export Sales, Markets & Rain Days Update 8/18/23
Highlights Percent crop area in drought condition this week versus last week: Corn 42% versus 49%. Soybean 38% versus 43% Spring wheat...
Wright Team
- Aug 11
- 4 min
Tidbits, Upcoming S&D Comments, Wheat, Export Sales, Markets & Rain Days Update 8/11/23
Highlights July’s CPI (inflation at the retail level) was up 0.2% (as expected) and up 3.2% (3.3% expected) for the previous 12 months....
Wright Team
- Aug 4
- 5 min
Tidbits, Corn Importers, Export Sales, Markets & Rain Days Update 8/4/23
Highlights The percent of the nation’s corn crop in a drought declined 2% the past week to “just” 57%. Likewise, the beans in a drought...
Wright Team
- Jul 28
- 4 min
Tidbits, Soy Reversal Patterns, PacWest Bank, Export Sales, Markets & Rain Days Update 7/28/23
Highlights Russian forces continue to hit port infrastructure and damaged a cargo terminal in Odessa. Over the last 10 days, 26 port...
Wright Team
- Jul 21
- 4 min
Tidbits, Pricing Soybeans, Wheat & Rice, Export Sales, Markets & Rain Days Update 7/21/23
Pricing Soybeans Sell all remaining 2022 (old crop) soybeans. This is generic market information. If you are a full service client, talk...
Wright Team
- Jul 14
- 5 min
Tidbits, Inflation, Kevin Duling's S&D Comments, Export Sales, Markets & Rain Days Update 7/14/23
Highlights After Wednesday’s less than expected retail inflation report for June at 0.2%, yesterday’s inflation at the wholesale level...
Wright Team
- Jul 8
- 4 min
Tidbits, Crop Feedback, Export Sales, Markets & Rain Days Update 7/8/23
Crop Prospective Feedback Written by Greg early AM Friday, 7 July, 2023: Roger, Crop prospective from a farmer in Central Illinois, our...
Wright Team
- Jun 30
- 3 min
Tidbits, Estimates, Weather, Export Sales, Markets & Rain Days Update 6/30/23
Highlights Today is the last business day of the week, the month and the quarter and there is only one business day (Monday) until the...
Wright Team
- Jun 24
- 4 min
Tidbits, Yield Loss, Wagner Group, Cattle, Export Sales, Markets & Rain Days Update 6/24/23
Highlights The Corn Belt is expected to get some scattered showers off and on next week. It looks like everyone should get at least a...
Wright Team
- Jun 16
- 3 min
Tidbits, Export Sales, Markets & Rain Days Update 6/16/23
Markets will close at normal time today and reopen on Monday evening at normal time before a three-day weekend. Monday night, markets...
Wright Team
- Jun 9
- 4 min
Tidbits, Economy, Export Sales, Markets & Rain Days Update 6/9/23
Today at 11:00 Central Time, the USDA will release its June S&D report, which will most likely be a non-event. USDA seldom changes any US...
Wright Team
- Jun 3
- 3 min
Tidbits, USD, Markets & Rain Days Update 6/3/23
Highlights The weekly US Drought Monitor this week has corn producing areas in a certified drought increased by 8% to 34% overall....
Wright Team
- May 26
- 4 min
Tidbits, Economy, Sales Cancellations, Export Sales, Markets & Rain Days Update 5/26/23
Highlights A load of USA economic news was released yesterday morning and all of it was better than expected, which means we are more...
Wright Team
- May 19
- 4 min
Tidbits, Wheat, Export Sales, Markets & Rain Days Update 5/19/23
Highlights Russia’s Foreign Ministry said Russia will not extend the Ukraine grain deal after July 17 if all problematic issues are not...
Wright Team
- May 12
- 5 min
Tidbits, Audio, Inflation & Land, Export Sales, Markets & Rain Days Update 5/12/23
Highlights The producer price index (PPI) measures inflation at the wholesale level. Yesterday morning’s monthly report showed wholesale...
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