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Wright team
Aug 8, 20243 min read
Tidbits, Crude Oil Demand, S&D Estimates, Broilers & Ethanol 8/8/24
Highlights Farmers and agronomists are sounding the alarm that Tar Spot is becoming quite a problem once again in the far Eastern Corn...
Wright team
Jul 27, 20244 min read
Tidbits, PCE Index, Wheat, Crude Oil 7/27/24
Highlights The Commerce Department reported yesterday morning the personal consumption expenditures (PCE) price index, the Federal...
Wright team
Jul 24, 20244 min read
Tidbits, Oil Market, Rain Days Update 7/24/24
Highlights Oilprice.com reported yesterday morning that the withdrawal of US President Joe Biden from the re-election campaign has left...
Wright team
Jul 17, 20244 min read
Tidbits, Basis Contract Roll, Crude Oil, Brazil Corn, ENSO 7/17/24
Highlights All three wheat classes were lower yesterday, but the price free-fall was stopped by Egypt and Algeria submitted tenders to...
Wright team
Jul 1, 20244 min read
Tidbits, PMI, Crude Oil 7/1/24
Highlights Eduardo Vanin reported Sunday grain export traders in Brazil are planning to extend the soybean export program through July,...
Wright team
Jun 17, 20244 min read
Tidbits, Weather, Hammersmith's Summary, Crude Oil 6/17/24
Announcements The National Oilseed Processors Association (NOPA) crush for May will be released around noon today. It is expected to be a...
Wright team
Jun 5, 20244 min read
Tidbits, Weather, Export News, Crude Oil 6/5/24
Highlights Rain moved across ND and SD yesterday and delivered heavy rain and storms to already waterlogged Minnesota, where flooding is...
Wright team
Jun 3, 20244 min read
Tidbits, OPEC, PMI, Q&A: Shorting Wheat 6/3/24
Highlights Yesterday, OPEC+ extended its “voluntary” production cuts through 2025 with the exception of the UAE. Thus, the UAE will...
Wright team
May 15, 20245 min read
Tidbits, Wheat Marketing, Inflation, Crude Oil 5/15/24
Highlights Yesterday’s Producer Price Index (PPI=inflation at the wholesale level) for April was up 0.5%. The market expected +0.3%. In...
Wright team
May 9, 20244 min read
Tidbits, Wheat Harvest Basis, Crude Oil, PMI, Broilers & Ethanol 5/9/24
Highlights Biden said late yesterday he will withhold weapons from Israel if it invades Rafah. Most news reports state Israel’s military...
Wright team
May 8, 20244 min read
Tidbits, Crude Oil, Short-Dated Options, S&D Estimates 5/8/24
Highlights The U.S. Department of Energy (DOE) announced yesterday a tender to purchase 3.3 million barrels of crude oil for October...
Wright team
May 4, 20244 min read
Tidbits, Crude Oil & Dollar, Brazil Weather 5/4/24
Highlights December corn closed above its 100-day moving average on Thursday, which attracted more technical buying on Friday. Non-farm...
Wright team
Apr 5, 20244 min read
Tidbits, Crude Oil, Wheat, Cocoa, Export Sales 4/5/24
Tidbits Yesterday morning, USDA announced the sale of 152,404 mts of old crop soybeans to Mexico. Datagro expects to see Brazil’s April...
Wright team
Apr 4, 20244 min read
Tidbits, Chinese Сancelations, Russian Crude Oil, Broilers & Ethanol 4/4/24
Highlights Yesterday’s end of the day comments from a grain merchandiser: "There was little fresh news today making it difficult to...
Wright team
Mar 29, 20243 min read
Tidbits, USDA Numbers, Strategic Petroleum Reserve, Export Sales 3/29/24
CBOT Grain, CME Livestock and Dairy & NYMEX Energy Markets are closed on Friday March 29. Trade resumes normal evening session on Sunday...
Wright team
Mar 4, 20244 min read
Tidbits, OPEC Cuts, World Temperature, Deliveries 3/4/24
Highlights OPEC+ members agreed yesterday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter of...
Wright team
Feb 28, 20244 min read
Tidbits, Tom Skilling, Brazil Corn, Crude Oil Cuts 2/28/24
Tom Skilling has been a meteorologist on Chicago TV for 45 years. Today is his last day on the job for WGN. When ~4,500 people worked on...
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
Dec 7, 20234 min read
Tidbits, Crude Oil, Broilers & Ethanol, Markets & Rain Days Update 12/7/23
Highlights Smithfield canceled its contracts with 26 US hog farms. Yesterday morning, USDA announced the sale of 372,000 mts of old crop...
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...
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