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Tidbits, Q&A: Selling to Neighbors, Tariffs, FOB 5/5/25
Highlights The U.S. eliminated the exemption of tariffs on goods under $800 shipped directly to consumers. Such goods, mostly from...
Wright team
May 55 min read
2025 Soybean & Corn Market Plan 3/23/25
2025 Soybean Market Plan: Specific Reasons and Steps The number of days that November soybeans traded into the top 25% of each calendar...
Wright Team
Mar 235 min read
2025 Corn Market Plan 3/16/25
World corn supplies are smaller compared to usage than they have been for at least 8 years and significantly tighter than they were in...
Wright team
Mar 164 min read
Tidbits, Panama Canal, Carry and Carryover, FOB 2/3/25
Tidbits Secretary of State Marco Rubio was in Panama and met with the President yesterday. Rubio presented him with an ultimatum...
Wright team
Feb 35 min read
Tidbits, Basis is Negotiable, Argentine Weather, Crop Budgets 1/20/25
Ag market futures will resume trading at normal time this evening. Crude oil began trading as its usual time last evening, namely 5 PM...
Wright team
Jan 203 min read
Tidbits, Q&A: Soybeans Marketing, 45Z, FOB 1/13/25
Tidbits Susan Stroud of No Bull Ag stated Sunday the Biden Administration Friday afternoon said imported used cooking oil will not...
Wright team
Jan 135 min read
Tidbits, S&D Report, Premium Contracts 12/11/24
Highlights The USDA S&D numbers released yesterday were as neutral as can be for soybeans and wheat, but bullish for corn. When Roger saw...
Wright team
Dec 11, 20245 min read
Tidbits, Premium Contracts, Syria, Supreme Court Decisions 12/9/24
Tidbits Bashar al-Assad has ruled Syria for 24 years after his father ruled for 29 years until his death in 2000. Bashar al-Assad fled...
Wright team
Dec 9, 20244 min read
Tidbits, Premium Contracts, Crude Oil, S&D Estimates 12/7/24
Tidbits A 25% tariff on imported Canadian crude oil would have a major impact on North American energy markets, driving up prices for...
Wright team
Dec 7, 20245 min read
Tidbits, Premium Contracts, Australian and Russian Crops, Export Sales 12/6/24
Highlights OPEC+ on Thursday has postponed the revival of its oil production by three months, now set to begin in April 2025 instead of...
Wright team
Dec 6, 20246 min read
Tidbits, Premium Option Contracts, South America Crops, Bullish Consensus, Broilers & Ethanol 12/5/24
Tidbits Yesterday morning, the USDA reported the sale of 30,000 mts of old crop soybean oil and 35,000 mts of rice to South Korea. ...
Wright team
Dec 5, 20246 min read
Tidbits, Premium Contracts & Options, South Korea 12/4/24
Highlights Benson Quinn reported yesterday afternoon: Corn usage the first two months of this marketing year is a 6 year high. Soybean...
Wright team
Dec 4, 20244 min read
Tidbits, Marketing Tools, Climate Change 11/11/24
Tidbits The Panama Canal uses fresh water from Gatun Lake to fill the locks to raise the ships. The water level of Gatun Lake is right...
Wright team
Nov 11, 20244 min read
Tidbits, Corn Marketing Summary, Wheat Comments 11/4/24
Highlights Today, the CBOT will assign 440 contracts of soybeans for delivery tomorrow on the November futures. One or more customers of...
Wright team
Nov 4, 20245 min read
Tidbits, DP, Drought, Export Sales 10/19/24
Highlights Yesterday morning, the USDA announced the sale of: 21,000 mts of old crop soybean oil to Mexico 125,000 mts of old crop corn...
Wright team
Oct 19, 20244 min read
Tidbits, Writing Options, China, USDA Report 9/25/24
Highlights After cutting interest rates 10 basis points Monday, yesterday China’s Central Bank presented the largest stimulus package...
Wright team
Sep 25, 20246 min read
Grain Delivery Marketing Tools 8/12/24
USDA S&D today at 11 AM Central. Andrew asked: "I see you are saying to make a decision on when to set the basis. By doing this, you are...
Wright team
Aug 12, 20245 min read
Tidbits, Basis Contract Roll, Crude Oil, Brazil Corn, ENSO 7/17/24
Highlights All three wheat classes were lower yesterday, but the price free-fall was stopped by Egypt and Algeria submitted tenders to...
Wright team
Jul 17, 20244 min read
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 11, 20244 min read
Tidbits, Marketing Opportunities 5/27/24
Tidbits Taiwan’s President Lai Ching-te extended goodwill towards and offered cooperation with Communist China on Sunday following two...
Wright team
May 27, 20243 min read
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