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Highlights, Managing Basis, Markets & Rain Days Update 11/21/22

Wright Team

Nov 21, 20223 min read

Highlights, Managing Basis, Markets & Rain Days Update 11/21/22

Highlights The G7 will cap the price of Russian crude oil effective December 5th and the EU will ban Russian crude oil imports from the...

Tidbits, China's Wheat, Rain Days Update 11/20/22

Wright Team

Nov 20, 20223 min read

Tidbits, China's Wheat, Rain Days Update 11/20/22

Tidbits Argentine hard (bread) wheat FOB price is $380 a mt; Russian wheat $315; Ukraine $290; French/European wheat $344, and US and...

Tidbits, Crude Oil, Markets & Rain Days Update 10/29/22

Wright Team

Oct 29, 20223 min read

Tidbits, Crude Oil, Markets & Rain Days Update 10/29/22

Highlights Yesterday morning, the USDA announced the sale of: 126,000 mts of soybeans to China 198,000 mts of soybeans to Spain Tidbits...

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 10/20/22

Wright Team

Oct 20, 20223 min read

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 10/20/22

Yield Report from Grand Forks County, Northeast North Dakota: "Best yielding beans, by far, I have ever grown. Yields are running 45 to...

Tidbits, Crude Oil, US Acres, Markets & Rain Days Update 10/19/22

Wright Team

Oct 19, 20224 min read

Tidbits, Crude Oil, US Acres, Markets & Rain Days Update 10/19/22

Yield Report from South Central Nebraska: "Normally, I apply 12 to 14 inches of water; did 14 to 16 this year. I started the pivots...

Highlights, Russia-Ukraine, Crude Oil, Rain Days Update 10/9/22

Wright Team

Oct 9, 20223 min read

Highlights, Russia-Ukraine, Crude Oil, Rain Days Update 10/9/22

Highlights Yield Report: Southern valley in North Dakota saw wheat yields around 50 bushels, which is average to a little below. Bean...

Highlights, Canada, Markets & Rain Days Update 10/8/22

Wright Team

Oct 8, 20223 min read

Highlights, Canada, Markets & Rain Days Update 10/8/22

Highlights Beans in Eastern Iowa are running 70-80 bu, about 7 to 8 bushels above average. Eastern Iowa and Western Illinois are the...

Wright Team

Sep 27, 20222 min read

Crude Oil Price 9/26/22

Crude Oil Price Makes 8 Month Low Overnight There was no physical reason for crude oil prices to drop more than $1.70 barrel over night....

Highlights, PMI, Crude Oil, Markets & Rain Days Update 9/24/22

Wright Team

Sep 25, 20224 min read

Highlights, PMI, Crude Oil, Markets & Rain Days Update 9/24/22

Highlights The Purchasing Managers’ Index (PMI) is collected monthly. The person who buys the inputs for their company is asked if he...

Highlights, S&D, Export Inspections, Markets & Rain Days Update 9/13/22

Wright Team

Sep 13, 20225 min read

Highlights, S&D, Export Inspections, Markets & Rain Days Update 9/13/22

September S&D The USDA unexpectedly reduced the domestic carryout for both corn and beans by four days' use and the wheat carryover was...

Highlights, Crude Oil, Markets & Rain Days Update 9/8/22

Wright Team

Sep 8, 20225 min read

Highlights, Crude Oil, Markets & Rain Days Update 9/8/22

Highlights Yesterday morning, the USDA announced the sale of: 226,920 mts of old crop (2022 crop) corn to Mexico 30,480 mts of new crop...

Highlights, Crude Oil, Broilers, Markets & Rain Days Update 9/2/22

Wright Team

Sep 2, 20224 min read

Highlights, Crude Oil, Broilers, Markets & Rain Days Update 9/2/22

Highlights USDA announced yesterday morning the sale of 396,000 mts of soybeans to unknown. Taiwan shot down a Chinese drone for the...

Highlights, Crude Oil Demand, ENSO, Broilers & Ethanol, Markets & Rain Days Update 9/1/22

Wright Team

Sep 1, 20223 min read

Highlights, Crude Oil Demand, ENSO, Broilers & Ethanol, Markets & Rain Days Update 9/1/22

Highlights USDA announced yesterday morning the sale of 167,000 mts of new crop soybeans to China. Crop Consultant Dr. Michael Cordonnier...

Highlights, Chicago, Export Sales, Markets & Rain Days Update 6/25/22

Wright Team

Jun 26, 20223 min read

Highlights, Chicago, Export Sales, Markets & Rain Days Update 6/25/22

Highlights The weather forecast is less settled this morning than yesterday morning. The forecasts for the first week in July range from...

Highlights, Crude Oil Refinery, Export Sales, Markets & Rain Days Update 6/10/22

Wright Team

Jun 10, 20223 min read

Highlights, Crude Oil Refinery, Export Sales, Markets & Rain Days Update 6/10/22

Highlights The USDA June S&D will be released at 11 AM Central time today. Do not expect many changes on the domestic S&D; we can...

Highlights, Urea, Crude Oil, Broilers & Ethanol, Markets & Rain 6/9/22

Wright Team

Jun 10, 20224 min read

Highlights, Urea, Crude Oil, Broilers & Ethanol, Markets & Rain 6/9/22

Highlights Tomorrow at 10 AM Mountain Time the USDA will issue its monthly S&D with revised world production numbers. Not much is...

BASIC & RECENT MARKET INFO

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