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Wright team
Nov 12, 20233 min read
Tidbits, Brazil, Inflation & Market, Rain Days Update 11/12/23
Highlights On Friday, Iraq said it wants OPEC+ to cut oil production at OPEC’s November 26th meeting. Some speculators covered their...
Wright team
Nov 9, 20234 min read
Tidbits, Economy, Brazil, Estimates, Markets & Rain Days Update 11/9/23
Highlights The Producer Price Index (PPI) is the measure of inflation at the wholesale level and the Consumer Price Index (CPI) is the...
Wright team
Nov 7, 20234 min read
Tidbits, Brazil, Harvest Pace, Export Inspections, Markets & Rain Days Update 11/7/23
Upcoming S&D The USDA will issue its monthly S&D Thursday at 10 AM Mountain Time. The market changes expected from October: Corn yield:...
Wright team
Nov 5, 20234 min read
Tidbits, Brazil Crops & Cotton, Rain Days Update 11/5/23
Brazil Cotton Question from Zach: "Do they (Brazil’s farmers) have the infrastructure to handle big acres of cotton? Cotton harvesters...
Wright team
Nov 3, 20234 min read
Tidbits, Corn Market, Brazil, Export Sales, Markets & Rain Days Update 11/3/23
Highlights Bill farms 60 miles upriver from the ADM and Cargill barge loading facilities on the Ohio River at Cincinnati. He said both...
Wright team
Nov 1, 20234 min read
Tidbits, Grain Insurance Revenue, Economy, China, Markets & Rain Days Update 11/1/23
Highlights Cash wheat export traders are saying China has probably bought more milling quality wheat this year than ever before. Their...
Wright team
Oct 29, 20234 min read
Tidbits, Brazil Crops, Ukraine Exports, Meat, Rain Days Update 10/29/23
Highlights Dr. Michael Cordonnier, the guru of South American crop production, wrote on Friday: "Farmers in Mato Grosso have a difficult...
Wright team
Oct 27, 20233 min read
Tidbits, Wheat Market, Export Sales, Markets & Rain Days Update 10/27/23
Highlights November Options Expire Today. It looks like the big specs (who write the calls you buy) want Dec corn to settle at $4.80,...
Wright team
Oct 26, 20234 min read
Tidbits, Dry Brazil, China Invests, Broilers & Ethanol, Markets & Rain Days Update 10/26/23
Highlights By a vote of 220 to 209, the House of Representatives elected a Speaker in the person of Louisiana Republican Mike Johnson,...
Wright team
Oct 24, 20235 min read
Tidbits, Crop Progress, Brazil, Weather, Export Inspections, Markets & Rain Days Update 10/24/23
November CBOT options expire Friday. From far west Iowa, a little closer to Sioux City than Omaha, Andrew reported Saturday evening:...
Wright team
Oct 15, 20234 min read
Tidbits, Brazil Crops, Rain Days Update 10/15/23
Brazil Crop Progress Dr. Michael Cordonnier earned a Ph.D. in agronomy from Michigan State University and has been involved in global...
Wright team
Oct 2, 20234 min read
Tidbits, Brazil, PMI, Crop Comment, Markets & Rain Days Update 10/2/23
Highlights Rain has fallen the past three days in the Brazilian states of Mato Grosso and Goias and the Brazilian National Weather...
Wright Team
Sep 19, 20234 min read
Tidbits, Crop Conditions, Brazil, Export Inspections, Markets & Rain Days Update 9/19/23
Highlights Yesterday December corn took out its previous 2023 low of $4.73½ with a trade down to $4.69. It settled at $4.71½, down 4¾¢....
Wright Team
Sep 3, 20233 min read
Tidbits, Asian Leaf Rust, Rain Days Update 9/3/23
How Asian Leaf Rust changed the paradigm of world grain trade Before 2001, Brazil was a net importer of corn. Now, Brazil is the world’s...
Wright Team
Aug 18, 20233 min read
Tidbits, Export Sales, Markets & Rain Days Update 8/18/23
Highlights Percent crop area in drought condition this week versus last week: Corn 42% versus 49%. Soybean 38% versus 43% Spring wheat...
Wright Team
Jul 27, 20234 min read
Tidbits, Broilers & Ethanol, Markets & Rain Days Update 7/27/23
Highlights Ukraine and the EU are considering rebuilding port facilities and fund transportation of grain to ports in Croatia and...
Wright Team
Jul 20, 20235 min read
Tidbits, Safrinha Corn Crop, Grain Deal, Broilers & Ethanol, Markets & Rain Days Update 7/20/23
Yesterday, Roger recommended you price 2023 fertilizer. He meant fertilizer for 2024 crops. Highlights Is the weather or the war more...
Wright Team
Jun 13, 20234 min read
Tidbits, Export Inspections, Markets & Rain Days Update 6/13/23
Highlights The U.S. corn conditions are 61% good/excellent, down 3% from last week and 1% worse than the market expected. The 5-year...
Wright Team
May 22, 20234 min read
Tidbits, Safrinha Crop, Ammonia, SAF, Markets & Rain Days Update 5/22/23
Highlights U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling today, after a...
Wright Team
Mar 8, 20234 min read
Tidbits, Safrinha Corn Crop, Markets & Rain Days Update 3/8/23
Highlights If you grow a feed grain, this is very important: For all practical purposes, all the corn that Brazil exports is its second...
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