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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...
Wright team
Dec 1, 20234 min read
Tidbits, OPEC, Soybean Meal, Export Sales, Markets & Rain Days Update 12/1/23
Highlights OPEC agreed to reduce oil production at its meeting in Vienna yesterday. The crude market rallied sharply immediately after...
Wright team
Nov 17, 20234 min read
Tidbits, Wheat & Corn Comment, Export Sales, Markets & Rain Days Update 11/17/23
Highlights Yesterday, the market saw some economic reports from Asia and the USA that were somewhat negative; stuff like US unemployment...
Wright team
Nov 8, 20234 min read
Tidbits, Soybeans, Crude Oil, ENSO, Markets & Rain Days Update 11/8/23
Highlights Instead of writing about what caused the markets to fall out of bed yesterday and how terrible yesterday’s price action was...
Wright team
Oct 20, 20234 min read
Tidbits, Crude Oil, Corn, Export Sales, Markets & Rain Days Update 10/20/23
Received 6:40 AM yesterday, thanks, Jason: "CHS Fairmont, MN soybean basis firmed from -.20 to + .5 today. Thanks for the great info...
Wright team
Oct 19, 20235 min read
Tidbits, Silk Road, Israel & Crude Oil, Broilers & Ethanol, Markets & Rain Days Update 10/19/23
Highlights A sea of red (lower prices) across world stock markets and another surge in U.S. Treasury yields on Wednesday ensured a...
Wright team
Oct 3, 20235 min read
Tidbits, OPEC, Calls vs DP, Export Inspections, Markets & Rain Days Update 10/3/23
Highlights OPEC members, Nigeria and Iran, have been cheating on their crude oil quota the past two months while other OPEC members did...
Wright Team
Jun 5, 20235 min read
Tidbits, Gas, OPEC, New Crop Marketing, Markets & Rain Days Update 6/5/23
Q&A: Gas Prices "Roger, do you have a recommendation for fall/winter l.p. prices? The quotes I received yesterday are the lowest ones so...
Wright Team
Jun 2, 20233 min read
Tidbits, Crude Oil, Economy, Broilers & Ethanol, Markets & Rain Days Update 6/2/23
Highlights The OPEC+ meeting this Sunday was called by Saudi Arabia to chastise other members for pumping more crude oil than they...
Wright Team
Apr 15, 20233 min read
Tidbits, Crude Oil, Markets & Rain Days Update 4/15/23
Highlights CHS reported some Iowa ethanol plants pushed their corn basis yesterday 25 cents to +75N (75 over the July futures for...
Wright Team
Apr 3, 20233 min read
Tidbits, Fuel, Markets & Rain Days Update 4/3/23
Highlights A major winter storm is expected April 3 to 5 from the Central Rockies to the Northern Plains and Upper Midwest, bringing...
Wright Team
Mar 16, 20234 min read
Tidbits, Crude Oil, Fuel, Broilers & Ethanol, Markets & Rain Days Update 3/16/23
Highlights Crude oil traded 80¢ to $1.22 higher most of Tuesday evening to about the start of the business day in Europe. Crude oil...
Wright Team
Mar 15, 20233 min read
Tidbits, Markets & Rain Days Update 3/15/23
Tidbits Yesterday morning, the USDA announced the sale of 612,000 mts of old crop corn to China. While it is important the US sold that...
Wright Team
Feb 26, 20234 min read
Tidbits, Russian Crude, Q&A: May and July Corn, Rain Days Update 2/26/23
Highlights Russia announced yesterday it will reduce its oil exports from its western ports by up to 25% in March, exceeding its...
Wright Team
Feb 15, 20233 min read
Tidbits, Crude Oil, Dark Fleet, Markets & Rain Days Update 2/15/23
Highlights Mexico has officially scrapped the ban on GMO corn imports for animal feed and industrial use that was due to start in...
Wright Team
Feb 11, 20234 min read
Tidbits, Crude Oil & Wheat Prices Rally, Markets & Rain Days Update 2/11/23
Highlights Russia launched a heavy barrage of missile attacks on two cities in northeast Ukraine Friday and announced it will reduce...
Wright Team
Jan 20, 20234 min read
Tidbits, ENSO, Broilers & Ethanol, Markets & Rain Days Update 1/20/23
Highlights The UN Secretary-General who is at the annual World Economic Forum in Davos, Switzerland, said the world economy is in sad...
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