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Wright team
Jan 25, 20244 min read
Tidbits, Brazil Reindustrialization , Broilers & Ethanol, Markets & Rain Days Update 1/25/24
Highlights China reduced the required cash reserve of deposits for the nation’s banks, which allows the banks to loan a higher percentage...
Wright team
Jan 21, 20244 min read
Tidbits, Brazil Reset, Spread Strategies, Rain Days Update 1/21/24
Tidbits On Friday morning, the USDA announced the sale of 297,000 mts of old crop soybeans to China. The only reason China is buying old...
Wright team
Jan 8, 20244 min read
Tidbits, Brazil, Crude Oil, Markets & Rain Days Update 1/8/24
Highlights Saudi Aramco on Sunday said it would cut crude oil prices $2 a barrel in February versus the Oman/Dubai regional benchmark...
Wright team
Jan 5, 20244 min read
Tidbits, Estimates, Urea, Broilers & Ethanol, Markets & Rain Days Update 1/5/24
Highlights The weather outlook for Brazil’s main growing area looks to be turning drier and warmer next week. Watch the number of rain...
Wright team
Jan 3, 20243 min read
Tidbits, Export Inspections, Markets & Rain Days Update 1/3/24
Tidbits Dr. Michael Cordonnier reduced his Brazilian soybean production by 2 mil mts to 151 million. StoneX cut its estimate for Brazil's...
Wright team
Dec 27, 20234 min read
Tidbits, Market Comment, ENSO, Export Inspections, Markets & Rain Days Update 12/27/23
Highlights The claim early yesterday morning that Ukraine’s military attacked a Russian landing ship off the coast of Crimea turned out...
Wright team
Dec 25, 20233 min read
Tidbits, South American Soil, Rain Days Update 12/25/23
Tidbits Governor of Brazil’s state of Rondônia (NW of Mato Grosso) issued a decree Sunday declaring a state of emergency due to the worst...
Wright team
Dec 17, 20233 min read
Tidbits, Panama Canal, Brazil & China Futures, Rain Days Update 12/17/23
Highlights During times of normal ocean trade and normal weather, 38 to 40 vessels would transit the Panama Canal every day. Due to dry...
Wright team
Dec 15, 20235 min read
Tidbits, Q&A: Corn Market, Export Sales, Markets & Rain Days Update 12/15/23
Highlights Yesterday morning, military correspondents reported the Russian Armed Forces are carrying out massive strikes on targets in...
Wright team
Dec 10, 20234 min read
Tidbits, Kevin Duling's Comments, Brazil, Rain Days Update 12/10/23
Highlights 247AG, a market consulting firm based in Omaha, reported last evening: "Brazil is still looking drier and hotter as time...
Wright team
Dec 6, 20235 min read
Tidbits, Brazil, China, Crude Oil & Fuel, Markets & Rain Days Update 12/6/23
USDA is now accepting applications for farm loans online: https://www.fsa.usda.gov/news-room/news-releases/2023/usda-now-accepting-applic...
Wright team
Dec 5, 20234 min read
Tidbits, South America, Export Inspections, Markets & Rain Days Update 12/5/23
Highlights Benson-Quinn analysts reported yesterday morning: "North and Central Brazil caught 60% of the region. More scattered activity...
Wright team
Dec 4, 20233 min read
Tidbits, Mato Grosso, Markets & Rain Days Update 12/4/23
The USDA will issue its December S&D on Friday at 11 AM Central Time. There will be no adjustments for US 2023 crops, just demand...
Wright team
Dec 3, 20234 min read
Tidbits, Brazil Crops, Rain Days Update 12/3/23
Highlights Eduardo Vannin, is a cash grain export trader in Brazil. His special report Saturday morning: Brazil Soybean Market: The EC...
Wright team
Nov 30, 20235 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 29, 20234 min read
Tidbits, Brazil, Markets & Rain Days Update 11/29/23
Your merchandiser and your futures broker want you to be out of all December futures positions by the close of business today to avoid...
Wright team
Nov 25, 20235 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 24, 20234 min read
Tidbits, Brazil Soybeans, Markets & Rain Days Update 11/24/23
Brazil Crops Comments Kory Melby is a former Minnesota farmer who immigrated to Brazil about 23 years ago and became a consultant for...
Wright team
Nov 22, 20234 min read
Tidbits, Brazil, ENSO, Markets & Rain Days Update 11/22/23
The CBOT will trade Friday from 8:30 AM to 12:05 PM Central time. It is against the law for any US futures exchange to be closed four...
Wright team
Nov 16, 20234 min read
Tidbits, Brazil, Broilers & Ethanol, Markets & Rain Days Update 11/16/23
Yesterday’s news was good for a market wanting lower interest rates to boost economic activity. The stock market was strong as it should...
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