Highlights, Breakaway Gaps, Broilers & Ethanol, Markets & Rain Days Update 8/4/22
Highlights Two years ago today, December 2020 corn made its contract low at $3.20. It traded to $4.30 on November 30, 2020. That was the...
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Wright Team
- Jul 27
- 6 min
Highlights, Breakaway Gaps, Markets & Rain Days Update 7/27/22
Highlights This afternoon is the day interest rates are expected to be increased by 75 basis points (¾ of one percent) by the Federal...
Tech Guy
- May 3
- 2 min
Tech Guy's Opening Call and Comments 05/02/2022
July Corn 5 to 7 Higher July Wheat 1 to 2 Lower July Soybeans 1 to 2 Higher I was incorrect about last...
Tech Guy
- Apr 30
- 1 min
The Tech Guy's Outlook for Coming Week 04/30/2022
July Wheat closed the intraday gap from Monday morning and then tested the low of the same day - Apr 25 on Friday afternoon. It appeared...
Wright Team
- Apr 23
- 3 min
Ukrainian Grain, Tech Guy's Comments, Rain Days Update 04/24/2022
Highlights Novooleksiyivka is a town in the Kherson region of Southeast Ukraine now occupied by Russians. The local grain elevator’s...
Wright Team
- Apr 18
- 2 min
Tech Guy's Comments 04/18/2022
Grain Complex Thursday's trade further showed the old crop corn contracts are strengthening on the new crop. This inversion (nearby...
Wright Team
- Apr 9
- 3 min
Which Wheat Put to Buy? Tech Guy's Opening Calls. 04/07/2022
May Wheat: Steady to 1 higher May Corn: Stedy to 1 higher May Beans: 1 to 3 lower Tech Guy’s Comments: Corn and beans continued to show...
Wright Team
- Apr 3
- 4 min
Crude Oil, Tech Guy's Comment, Rain Days Update 04/03/2022
Highlights It is clear the Russian military pressure on Ukraine’s capital city of Kyiv has rescinded and moved east toward the Russian...
Wright Team
- Mar 26
- 3 min
Commodity Index, Tech Guy Comments & Rain Days Update 03/27/2022
A commodity index is an investment vehicle that tracks the price and the return on investment of a basket of commodities. These indexes...
Wright Team
- Mar 14
- 2 min
Tech Guy's Opening Calls 03/14/2022
May Wheat 15 to 20 higher May Corn steady to 3 lower Beans 3 to 5 higher Technical Analysis The May soybean contract...
Wright Team
- Mar 10
- 1 min
Tech Guy's Opening Calls 03/09/2022
May Wheat 40 to 60 lower May Corn 1 to 3 higher May Beans 1 to 4 higher Crude oil corrected just past 62% retracement from the...
Wright Team
- Mar 7
- 1 min
Tech Guy's Opening Calls 03/08/2022
CBOT May Wheat 2 to 10 higher May Corn 2 to 3 higher May Beans 1 to 2 higher The soybean margin was increased to $7012 and corn...
Wright Team
- Mar 6
- 1 min
Tech Guy's Opening Calls 03/07/2022
First of all, WTI crude oil traded to $130 earlier this evening and is at $125.85, up $10 plus now. Daily trading range has been...
Wright Team
- Feb 28
- 2 min
Tech Guy Opening Calls 02/27/2022
May Corn 25 to 30 higher May Beans 20 to 30 higher May Wheat 75 higher The first chart below is the corn continuation chart. ...
Wright Team
- Feb 24
- 1 min
Tech Guy's Opening Calls & Tech Talk 02/24/2022
Opening Calls Corn: up 1 to 2 Soybeans: steady to up 2 Wheat: up 2 to 4 Tech Talk from the Tech Guy Last night, the Tech...
Wright Team
- Feb 24
- 3 min
Tech Guy's Opening Calls & Tech Talk 02/23/2022
Opening Calls Corn: down 2 to 4 Soybeans: down 6 to 8 Wheat: down 1 to 3 Tech Talk from the Tech Guy 22 February 2022 We...
Wright Team
- Feb 22
- 6 min
Russia-Ukraine, Basic Factors Explanation, USDA Forum, Market Switch & Rain Days on 02/22/2022
The Biden Admin giving itself some wiggle room on the Ukraine incursion by Russia versus invasion definition: “…the Russian troops moving...
Wright Team
- Feb 22
- 1 min
Tech Guy's Talk & Opening Calls 02/22/2022
Tech Guy's Opening Calls Corn: down 2 to up 3 Soybeans: up 1 to 5 Wheat: up 12 to 16 Russia - Ukraine News Russian...
Wright Team
- Feb 21
- 5 min
Russia-Ukraine, Tech Talk & Rain Days 02/21/2022
US commodity futures markets are closed for President’s Day. They will open regular time this evening. President Biden had two phone...
Wright Team
- Feb 17
- 1 min
The Tech Guy's Tech Talk 02/16/2022
This Evening's Opening Calls: Wheat up ¾ to 2 cents Corn up ¾ to 2 cents Soybeans down 2 to 3 cents Buyers showed up in the bean complex...