Tidbits, Soybean Meal Puts, Export Sales, Markets & Rain Days Update 3/24/23
Highlights After trashing the markets yesterday afternoon when she said there would be no government guarantee on 100% of bank deposits,...
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Wright Team
- Mar 7
- 2 min
Tidbits, Meal Puts, Export Inspections, Markets & Rain Days Update 3/7/23
Highlights Federal Reserve Chairman Powell will testify today and tomorrow before a congressional committee. The market expects him to...
Wright Team
- Mar 1
- 3 min
Tidbits, PMI, Panic Sell, Meal Puts, Markets & Rain Days Update 3/1/23
Highlights China's February manufacturing PMI was expected to be 50.5, but it came in at 52.6 this morning, the highest since April...
Wright Team
- Feb 15
- 3 min
Tidbits, Crude Oil, Dark Fleet, Markets & Rain Days Update 2/15/23
Highlights Mexico has officially scrapped the ban on GMO corn imports for animal feed and industrial use that was due to start in...
Wright Team
- Feb 12
- 5 min
Tidbits, Nord Stream, Marketing Strategy Q&A, Meal Puts, Rain Days Update 2/12/23
Highlights The Nord Stream Pipeline is a natural gas pipeline from Russia to Germany running through the Baltic Sea, financed by Russia’s...
Wright Team
- Feb 10
- 6 min
Tidbits, Meal Puts, Export Sales, Markets & Rain Days Update 2/10/23
Highlights Yesterday’s weekly export sales had soybeans at their lowest or second lowest sales of the marketing year. Before you panic...
Wright Team
- Feb 8
- 4 min
Tidbits, Basis Management, Meal Puts, Markets & Rain Days Update 2/8/23
Highlights The USDA monthly S&D and World Production reports will be issued today at 10 AM Mountain Time. Russian military units are...
Wright Team
- Feb 4
- 4 min
Tidbits, Economy, Meal Puts, Markets & Rain Days Update 2/4/23
Highlights The Dollar Index made a ten-month low Thursday and then rallied sharply Friday after the January jobs report stated the US...
Wright Team
- Jan 17
- 6 min
Tidbits, Soymeal Puts, Markets & Rain Days Update 1/17/23
Highlights Brazilian bean market analyst, Eduardo Vanin, reports the soybean harvest in Mato Grosso (MT) is being delayed by excessive...
Wright Team
- Jan 12
- 3 min
Tidbits, Pre-S&D, Put Cost, Broilers & Ethanol, Markets & Rain Days Update 1/13/23
After Friday’s normal closing time, CBOT will not reopen until Monday evening in observance of MLK. Highlights The USDA will dump a truck...
Wright Team
- Jan 11
- 5 min
Highlights, Economy, Soybean Meal Puts, Markets & Rain Days Update 1/11/23
Highlights The World Bank expects global economic growth to be 1.7% in 2023 and 2.7% in 2024 with the Russian economy to contract by 3.3%...
Wright Team
- Jan 10
- 3 min
Tidbits, Meal Prices, SA Crops Estimate, Export Inspections, Markets & Rain Days Update 1/10/23
Highlights The Tech Guy was right and Roger was wrong. The USDA reports will be issued Thursday the 12th, not Friday the 12th. The dollar...
Wright Team
- Jan 9
- 4 min
Highlights, Soybean Meal, SA Crops, Fuel, Markets & Rain Days Update 1/9/23
Highlights Last month, insurance companies said they would add war risk to the ships in the Black Sea as of January 1st. Last week, the...
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