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Wright team
2 days ago5 min read
Tidbits, South America, Cattle on Feed, Acreage Estimate, Export Sales 2/22/25
Tidbits March options expired yesterday at the close. Corn and bean prices were lower, which usually happens on the expiration day for...
Wright team
Feb 15 min read
Tidbits, Tariffs, South America, Cattle Inventory 2/1/25
Highlights Despite many rumors and some “reports” Friday to the contrary, the White House confirmed in a press briefing tariffs they...
Wright team
Dec 21, 20244 min read
Tidbits, GMO Corn, Cattle On Feed 12/21/24
Tidbits A trade dispute panel ruled Mexico violated the USMCA (US, Mexico, Canada Agreement) when it banned the import of GMO corn in...
Wright team
Oct 26, 20245 min read
Tidbits, Q&A: Corn Pricing, Flash Sales, Cattle Report, Russian Economy 10/26/24
Tidbits Yesterday’s weakness for corn and beans was a result of speculative profit-taking after four days of gains earlier in the week,...
Wright team
Sep 1, 20244 min read
Tidbits, Crude Oil, Milk Production, Urea Prices 9/1/24
Highlights Late Saturday afternoon, three of Libya’s oilfields received instructions to resume production, engineers at the fields told...
Wright team
Jul 20, 20244 min read
Tidbits, IT Meltdown, Q&A: Basis Contract Alternatives, Wheat, Cattle on Feed 7/20/24
Highlights Bloomberg reported what may go down as the most spectacular IT meltdown the world has ever seen, which occurred yesterday, was...
Wright team
Jun 22, 20244 min read
Tidbits, Rainfall, Green Energy, Export Sales 6/22/24
Highlights The BN and UP railroads are holding-up rail traffic at the US/Mexico border, which may have stopped all corn by rail to Mexico...
Wright team
Apr 23, 20244 min read
Tidbits, Rains, Cattle, ENSO, Export Inspections 4/23/24
Highlights The seven days are expected to be very, very wet for the central US with heavy rain from Canada to Texas and from Nebraska...
Wright team
Mar 23, 20244 min read
Tidbits, CFTC Spec Limits, Cattle & Chickens 3/23/24
Tidbits Yesterday’s Cattle on Feed numbers as a percent of a year ago: On Feed: 100.9% expected, actual 101% Placements: 106.2% expected,...
Wright team
Feb 1, 20243 min read
Tidbits, ENSO, Cattle, Broilers & Ethanol, Markets & Rain Days Update 2/1/24
Highlights Front month corn and beans settled slightly higher yesterday after trading modestly lower most of the day and after a key...
Wright team
Dec 23, 20234 min read
Tidbits, Logistics, Cattle & Hogs, Markets & Rain Days Update 12/23/23
Highlights Early yesterday morning there was a hint that Brazil’s weather forecast beginning January 1st was turning a bit drier....
Wright Team
Sep 23, 20234 min read
Tidbits, Wheat, Cattle, Markets & Rain Days Update 9/23/23
Highlights A tow of barges ran aground near Vicksburg, Mississippi yesterday; navigation is closed until the tow is freed. Russia...
Wright Team
Jul 22, 20234 min read
Tidbits, Corn Price Outlook, Cattle, Fertilizers, Markets & Rain Days Update 7/22/23
Highlights Russia attacked the two primary grain terminals of Ukraine for the fourth night in a row. The governor of Odessa said that two...
Wright Team
Jun 24, 20234 min read
Tidbits, Yield Loss, Wagner Group, Cattle, Export Sales, Markets & Rain Days Update 6/24/23
Highlights The Corn Belt is expected to get some scattered showers off and on next week. It looks like everyone should get at least a...
Wright Team
May 20, 20233 min read
Tidbits, Debt Ceiling, Grain Deal, Markets & Rain Days Update 5/20/23
Highlights Just before midday yesterday, negotiations on raising the US debt ceiling broke off, which pretty much sent all markets around...
Wright Team
Apr 22, 20233 min read
Tidbits, Q&A: Crop Pricing, Markets & Rain Days Update 4/22/23
About pricing under breakeven From Kyle (and much the same from many folks yesterday midday): "Do I contract new crop at a price under my...
Wright Team
Apr 20, 20235 min read
Tidbits, Market Inversion, Broilers & Ethanol, Markets & Rain Days Update 4/20/23
Highlights Inspections of ships carrying grain from Ukraine resumed after two days of hassle. Russia's Ag Ministry sees Russian 2023...
Wright Team
Nov 19, 20224 min read
Tidbits, Corn Exports, Markets & Rain Days Update 11/19/22
Tidbits Swedish investigators have found traces of explosives at the site of the damaged Nord Stream natural gas pipelines, confirming...
Wright Team
Aug 20, 20222 min read
Highlights, Markets & Rain Days Update 8/20/22
Highlights Did you notice that yesterday morning’s weekly export sales chart we sent you showed last week’s corn export sales were near...
Wright Team
Aug 17, 20222 min read
Highlights, Markets & Rain Days Update 8/17/22
Highlights Yesterday morning, the USDA announced the sale of 228,606 mts of new crop soybeans to Mexico. The minutes of the Federal...
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