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Purchasing Managers Index, Corn/Beans Ratio, Markets & Rain Days Update 04/02/2022
Highlights Yesterday morning, the USDA announced the sale of 136,000 mts of old crop corn to unknown. Thursday's USDA’s bean acres of...
Wright Team
Apr 1, 20223 min read
Soybean Production, Trades and Bans, Inflation, Export Sales, Markets & Rain Days Update 03/12/2022
Russian and Ukrainian Foreign Ministers met in Turkey yesterday. It was a waste of jet fuel and time. CONAB (Brazil’s USDA) lowered their...
Wright Team
Mar 10, 20223 min read
Weekly Summary & Recommendations 03/09/2022
Corn Corn Situation after the close 8 March 2022 Even though we expected old crop futures to exceed $7, we recommended pricing 2021 corn...
Wright Team
Mar 8, 20222 min read
The War Is Not Over, Russia-Ukraine, Tidbits & Rain Days 02/27/2022
Daily Updates I reported to you Friday morning Ukraine's President Zelensky had surrendered and about half of Ukrainian military people...
Wright Team
Feb 26, 20223 min read
Weekly Basis 02/26/2022
The Dow Jones Industrial Average settled at 34,058.75, down 20.43 points for the week. Crude oil was at $92.08 late Friday, up 51 cents...
Wright Team
Feb 25, 20224 min read
Weekly Summary & Recommendations for Corn, Soybeans & Wheat 02/23/2022
USDA announced this morning 132,000 mts of new crop soybeans were sold to China Note: RSI = Relative Strength Index; 70+ is over bought...
Wright Team
Feb 24, 20222 min read
Tidbits & Rain Days, Russia-Ukraine, Lower SA Production, Broilers and Ethanol 02/17/2022
The markets, postal service and banks are closed Monday. USDA reported yesterday the export sales of: 132,000 mts of new crop soybean to...
Wright Team
Feb 17, 20224 min read
Weekly Summary & Recommendations 02/16/2022
Corn Corn Situation after the close 15th February 2022 Even though we expect old crop futures to exceed $7, we recommended pricing 2021...
Wright Team
Feb 17, 20222 min read
The Chicken Sexer
In the early 1980’s, I was a commodity broker with Heinold Commodities and Securities. The year of 1980 started with a bang on January...
Wright Team
Feb 7, 20225 min read
Soybean News 02/07/2022
USDA announced this morning the sales to unknown of: 249,000 mt of old crop soybeans 258,000 mts of new crop soybeans The Brazilian...
Wright Team
Feb 6, 20222 min read
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