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Wright team
Sep 17, 20244 min read
Tidbits, Crude Oil, Setzer's Summary, Crop Conditions, ENSO, Export Inspections 9/17/24
Highlights Compared to July, the NOPA August crush decreased 14% to 158.008 million bu. The market expected 171.325! The August crush was...
Wright team
Sep 10, 20245 min read
Tidbits, Chinese Economy, Crop Conditions, ENSO, Export Inspections 9/10/24
Highlights A developing tropical storm that is expected to track through the Gulf of Mexico and hit parts of Texas and Louisiana by...
Wright team
Sep 4, 20244 min read
Tidbits, Wheat Marketing, July Crush, Crop Conditions, ENSO, Export Inspections 9/4/24
Highlights The USDA reported the crush numbers for July: Soybean crush in July was 193 million bushels, 8 million bushels more (4.3%)...
Wright team
Aug 27, 20244 min read
Tidbits, Crude Oil, Crop Conditions, ENSO, Export Inspections 8/27/24
Highlights There was no agreement on Sunday in the Gaza ceasefire talks that took place in Egypt . Neither Hamas nor Israel agreed to...
Wright team
Aug 20, 20244 min read
Tidbits, ProFarmer Tour, Crop Conditions, Export Inspections 8/20/24
Highlights ProFarmer Tour field comments Monday: Â Average pod counts for soybeans in a 3x3 foot plot in northeast Nebraska (Knox, Cedar,...
Wright team
Aug 13, 20243 min read
Tidbits, USDA S&D Report, Crop Conditions, ENSO, Export Inspections 8/13/24
Highlights USDA's August S&D report summary: Corn harvested acres down 700,000 to 82.7 million. Corn yield up 2.1 bushels per acre to...
Wright team
Aug 6, 20244 min read
Tidbits, Stock Market Decline, Crop Conditions, ENSO, Export Inspections 8/6/24
Highlights Japan's stock market suffered its second largest stock market decline ever on Monday, world markets followed. Not that it was...
Wright team
Jul 30, 20244 min read
Tidbits, Corn Highs & Lows, Crop Conditions, ENSO, Export Inspections 7/30/24
Highlights Crop Condition as of Sunday evening: Winter wheat is 82% harvested, 2% more than the 5 year average pace. Spring wheat is 1%...
Wright team
Jul 23, 20245 min read
Tidbits, Weather, Crop Conditions, ENSO, Export Inspections 7/23/24
Highlights August options expire this Friday. All July basis contracts and long July CBOT futures positions must be rolled or priced no...
Wright team
Jul 16, 20245 min read
Tidbits, JD Vance, Crop Conditions, Export Inspections 7/16/24
Highlights Expectation of an event will move the market more than confirmation of the event. Yesterday, the market was trading a corn...
Wright team
Jul 9, 20243 min read
Tidbits, Weather, Crop Conditions, ENSO, Export Inspections 7/9/24
Highlights The first sentence of yesterday’s report was: "Sunday’s weather forecast indicates remnants of Hurricane Beryl will probably...
Wright team
Jul 1, 20244 min read
Tidbits, Marketing Comments, Crop Conditions, Deliveries, Export Inspections 7/2/24
Market Comment Kevin Duling from Maupin, Oregon sent these comments to his clients yesterday afternoon about the USDA numbers: "After the...
Wright team
Jun 25, 20244 min read
Tidbits, Crop Conditions, ENSO, Export Inspections 6/25/24
Highlights "North Carolina will more than likely be labeled as a State of Emergency next week or the following in regards to drought....
Wright team
Jun 19, 20243 min read
Tidbits, Crop Condition, Russian Crop, Brazilian Market 6/19/24
Highlights IKAR increased its Russian wheat production estimate 500,000 mts to 82.0 mil. mts. The trade was looking for IKAR to lower...
Wright team
Jun 18, 20244 min read
Tidbits, Crop Conditions, ENSO, Export Inspections 6/18/24
Highlights Agrinvest Commodities’ Eduardo Vanin yesterday morning comments: "Basis FOB Brazil and CFR China dropped quickly last week....
Wright team
Dec 2, 20234 min read
Tidbits, Stocks & Estimates, Markets & Rain Days Update 12/2/23
Highlights The October Census Bureau crush was reported after the close yesterday and it was an all-time record high for any month. The...
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 6, 20234 min read
Tidbits, Crop Estimates, ENSO, Export Inspections, Markets & Rain Days Update 9/6/23
Highlights Initial harvest reports are pointing toward smaller crops than USDA projected for soybeans and corn. Consensus is that...
Wright Team
Aug 26, 20234 min read
Tidbits, Pro Farmer Final, Russian Wheat, Markets & Rain Days Update 8/26/23
Highlights Pro Farmer Final for 2023: These Pro Farmer estimates include factors like weather, maturity & areas outside the tour's...
Wright Team
Aug 23, 20234 min read
Tidbits, Pro Tour IN & NE, ENSO, Markets & Rain Days Update 8/23/23
Highlights Yesterday’s Pro Farmer reports for Nebraska and Indiana: These much better than expected Pro Farmer yields will make it very...
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