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Tidbits, US-Mexico Crossings, Edu: HTA & Roll, Export Sales, Markets & Rain Days Update 12/22/23
Highlights Mexico is the leading export destination for US corn, receiving from 21% to 32% of US corn exported annually in recent years....
Wright team
Dec 22, 20234 min read
Tidbits, Brazil, Q&A: Corn, Broilers & Ethanol, Markets & Rain Days Update 11/30/23
Highlights Eduardo Vanin 29 November 2023: "Brazilian corn is getting really expensive. Tenders, purchase tenders, went out to South...
Wright team
Nov 30, 20235 min read
Tidbits, Marketing Q&A, Markets & Rain Days Update 11/27/23
Highlights There continues to be major differences in the weather forecasts for the dry areas of Brazil. Midday Sunday, some forecasts...
Wright team
Nov 27, 20234 min read
Tidbits, Soybeans Q&A, Export Sales, Markets & Rain Days Update 11/25/23
Soybeans Q&A From a client in Central Missouri: "Good afternoon, Roger, What are your thoughts on why the bean market sold off this past...
Wright team
Nov 25, 20235 min read
Tidbits, Q&A: Options, Broilers & Ethanol, Markets & Rain Days Update 11/23/23
Highlights OPEC has postponed their Sunday meeting to consider production cuts. That news caused crude oil to sell-off over $3 yesterday...
Wright team
Nov 23, 20235 min read
Tidbits, Yields, Ukraine Export, Q&A on Wheat, Markets & Rain Days Update 10/10/23
Highlights Two weeks ago, 8 out of 10 farmers we talked to said they were expecting less bushels per acre than a year ago. While they...
Wright Team
Oct 10, 20234 min read
Tidbits, OPEC, Calls vs DP, Export Inspections, Markets & Rain Days Update 10/3/23
Highlights OPEC members, Nigeria and Iran, have been cheating on their crude oil quota the past two months while other OPEC members did...
Wright team
Oct 3, 20235 min read
Tidbits, Q&A: Grain Hedging, Markets & Rain Days Update 9/16/23
Tidbits The NOPA August soybean crush was 161.453, 6.35 million bushels less than the market expected. That was an 11-month low and down...
Wright Team
Sep 16, 20236 min read
Tidbits, Pricing Corn, Drought Chart, ENSO, Broilers & Ethanol, Markets & Rain Days Update 6/23/23
Highlights July CBOT options expire today. The day before and the day options expire are usually down days for CBOT futures. President...
Wright Team
Jun 23, 20235 min read
Tidbits, Q&A: Fertilizers, Fuel Standards, Soybeans Correction, Markets & Rain Days Update 6/22/23
Highlights If the front three contract months of any commodity futures settles limit up or limit down, the next day’s daily trading limit...
Wright Team
Jun 22, 20234 min read
Tidbits, Q&A: Marketing Actions & Weather Rally, Markets & Rain Days Update 6/19/23
Highlights The Tech Guy did a great job updating the weather situation with his mailing to his blog followers last evening. If you missed...
Wright Team
Jun 19, 20235 min read
Tidbits, ENSO, Q&A: Pricing 2024, Markets & Rain Days Update 6/14/23
Highlights Suddenly yesterday morning, the market became very concerned about a lack of rain on Canada’s canola crop and Europe’s...
Wright Team
Jun 14, 20233 min read
Tidbits, HTA & Roll, Rain Days Update 6/4/23
Tidbits Caixin Media is China's most influential financial media group. The Caixin newsroom is recognized as an unrivaled producer of...
Wright Team
Jun 4, 20233 min read
Tidbits, Markets & Rain Days Update 5/27/23
Highlights Those traders who are short anything related to grains and oilseeds were buyers yesterday as well they should have been given...
Wright Team
May 27, 20233 min read
Tidbits, Q&A, Broilers & Ethanol, Markets & Rain Days Update 5/25/23
Highlights Talks between top-ranking Republicans and Democrats continue about the debt ceiling. Hawkish (aggressive, forceful) comments...
Wright Team
May 25, 20234 min read
Tidbits, Q&A: Price drop, Export Sales, Markets & Rain Days Update 4/28/23
Repeating 2013? Market outlook 2012 was the sixth Corn Belt wide drought since 1900. The other five were in 1934, 1936, 1980, 1983, and...
Wright Team
Apr 28, 20235 min read
Tidbits, Q&A: Crop Pricing, Markets & Rain Days Update 4/22/23
About pricing under breakeven From Kyle (and much the same from many folks yesterday midday): "Do I contract new crop at a price under my...
Wright Team
Apr 22, 20233 min read
Tidbits, Market Inversion, Broilers & Ethanol, Markets & Rain Days Update 4/20/23
Highlights Inspections of ships carrying grain from Ukraine resumed after two days of hassle. Russia's Ag Ministry sees Russian 2023...
Wright Team
Apr 20, 20235 min read
Tidbits, Q&A, Rain Days Update 4/16/23
Tidbits JPMorgan posted a $12.5 billion first quarter profit, 52% above a year ago, beating expectations by a wide margin. Managing a...
Wright Team
Apr 16, 20233 min read
Tidbits, Russian Crude, Q&A: May and July Corn, Rain Days Update 2/26/23
Highlights Russia announced yesterday it will reduce its oil exports from its western ports by up to 25% in March, exceeding its...
Wright Team
Feb 26, 20234 min read
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