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Wright Team
Jul 31, 20234 min read
Tidbits, China PMI, Strikes,Markets & Rain Days Update 7/31/23
A person is “long” a market if he makes money when the price moves higher. Likewise, if a person is “short” the market, he makes money if...
Wright Team
May 6, 20233 min read
Tidbits, Audio, Cancelations, Politics, Wheat, Markets & Rain Days Update 5/6/23
Highlights Weekly export sales reported Thursday morning were a net reduction of 315,600 mts of old crop corn. It has been more than 20...
Wright Team
Feb 14, 20233 min read
Tidbits, Train Derailment, Swine Fever, Export Inspections, Markets & Rain Days Update 2/14/23
Highlights Russia said the sanctions the West has levied against them are “a barrier” to Russia’s continuation of the grain corridor for...
Wright Team
Jan 28, 20234 min read
Tidbits, Soybeans, Markets & Rain Days Update 1/28/23
Tidbits The real (ree-al) is the currency of Brazil. As its exchange rate strengthens in the world markets, it makes Brazilian exports...
Wright Team
Dec 29, 20226 min read
Highlights, Sell or not to Sell, Markets & Rain Days Update 12/29/22
Highlights Officials in Beijing increased public covid checks and locked-down some residential apartment complexes after the covid case...
Wright Team
Dec 23, 20226 min read
Tidbits, Jeremey Frost, Acreage Demand, Export Sales, Markets & Rain Days Update 12/23/22
This is Jeremey Frost with some not so fearless comments from www.dailymarketminute.com for Wright on the Market. I want to say thanks to...
Wright Team
Dec 2, 20223 min read
Tidbits, Export Sales, Markets & Rain Days Update 12/2/22
Highlights Soybean oil went down the daily limit and “locked” there in five contract months. “Locked” means there was no trading at limit...
Wright Team
Nov 29, 20223 min read
Tidbits, Taiwan, Export Inspections, Markets & Rain Days Update 11/29/22
Highlights Weekend elections in Taiwan changed the government leadership from an alliance with the USA to supporting re-alignment with...
Wright Team
Nov 28, 20222 min read
Tidbits, Markets & Rain Days Update 11/28/22
Tidbits Protests at China Embassies are happening around the world this morning. Andrey Sizov’s comments on the China situation: "My...
Wright Team
Nov 28, 20222 min read
China, Brazil & Iran Problems 11/28/22
Market Expects More Supply Chain Disruptions Massive weekend protests continue against the governments in Iran (human rights), China...
Wright Team
Nov 26, 20223 min read
Tidbits, Banks Reserve, ENSO, Export Sales, Markets & Rain Days Update 11/26/22
Highlights All the crude oil traders saw or heard yesterday was more cases of covid infection in China than any time since the dark days...
Wright Team
Nov 8, 20223 min read
Tidbits, Harvest, Export Inspections, Markets & Rain Days Update 11/8/22
Tidbits Tomorrow at 11 AM Central Time, USDA will issue its monthly S&D. It looks like corn yields could be increased and exports should...
Wright Team
Nov 7, 20223 min read
Tidbits, Grains in China, Markets & Rain Days Update 11/7/22
Tidbits China’s government grain stock piler, Sinograin, announced yesterday (Sunday) it had agreed to buy 10 million mts of soybeans...
Wright Team
Nov 6, 20222 min read
Highlights, S&D Expectations, Rain Days Update 11/6/22
Highlights China’s health officials issued a statement Saturday afternoon saying it will continue with its "dynamic-clearing" (aka: zero...
Wright Team
Oct 25, 20223 min read
Highlights, Harvest Pace, Export Inspections, Markets & Rain Days Update 10/25/22
Harvest Report: Northeast Indiana: "Good Morning Roger... thought I would share with you some of my corn pics to match up with your Vomi...
Wright Team
Sep 25, 20226 min read
Highlights, Economy, Rain Days Update 9/25/22
Highlights China's former Deputy Public Security Minister, Sun Lijun, who had been denounced for months "seriously damaging the unity of...
Wright Team
Sep 14, 20223 min read
Soybean Prices at Risk of Crash 9/13/22
Soybean Prices at Immediate Risk US Considering Pre-emptive Sanctions on China CHS is the largest agriculture coop in the world. They...
Wright Team
Aug 31, 20223 min read
Highlights, Markets & Rain Days Update 8/31/22
Highlights A few days ago, we reported a client’s fuel supplier told him that they were unable to get a load of diesel and their truck...
Wright Team
Aug 29, 20223 min read
Highlights, Basis Comments, Yuan, Markets & Rain Days Update 8/29/22
Highlights December corn gapped higher last evening for the third time since the low was made July 22nd. None of the gaps have been...
Wright Team
Aug 23, 20224 min read
Highlights, Pro Farmer Tour, Export Inspections, Markets & Rain Days Update 8/23/22
Highlights Pro Farmer Tour Comments Sarah Jungman, Commodity Broker: 22 stops kept us on the go. Best field sample was irrigated 238 bpa...
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