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Wright team
Sep 3, 20245 min read
Tidbits, Crude Oil, PMI, Chinese Economy 9/3/24
Highlights Libya has yet to resume oil exports one week after the Haftar clan blocked production in a bid to gain leverage over a battle...
Wright team
Sep 2, 20244 min read
Tidbits, Old and New Crop 9/2/24
Tidbits Brazilians will pay more for electricity in September as local power regulator Aneel decided to impose an additional charge on...
Wright team
Sep 1, 20244 min read
Weekly Basis 9/1/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones Industrial Average Index settled at...
Wright team
Sep 1, 20244 min read
Tidbits, Crude Oil, Milk Production, Urea Prices 9/1/24
Highlights Late Saturday afternoon, three of Libya’s oilfields received instructions to resume production, engineers at the fields told...
Wright team
Aug 31, 20245 min read
Tidbits, Crude Oil, Palm Oil, Used Cooking Oil 8/31/24
CBOT will reopen Monday evening at normal time. Tidbits Crude oil prices were more than $2 lower yesterday due to economic concerns in...
Wright team
Aug 30, 20245 min read
Tidbits, GDP, Stocks, September Deliveries, Export Sales 8/30/24
Highlights Most markets except financials will be closed on Monday, September 2, due to the Labor Day holiday. Trade will resume Monday...
Wright team
Aug 29, 20246 min read
Tidbits, Contracts Roll Math & Options, OPEC+, Broilers & Ethanol 8/29/24
Highlights Statistics Canada reported yesterday the 2024 Canadian corn crop is 15.229 million mts, down 1.2% from last year. The average...
Wright team
Aug 28, 20245 min read
Weekly Summary & Recommendations 8/28/24
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright team
Aug 28, 20245 min read
Tidbits, Merchandiser's Advice, Key Reversal, Canada and China 8/28/24
Tidbits Soft red winter wheat made a key reversal yesterday, which occurs when the price of a stock or commodity makes a new low and...
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 26, 20246 min read
Q&A: Killing the Markets 8/26/24
Highlights Question from a client: "Good day, Roger. Reading your report last night, you mention the treasury department and their war...
Wright team
Aug 25, 20244 min read
Weekly Basis 8/25/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones Industrial Average Index settled at...
Wright team
Aug 25, 20244 min read
Tidbits, ProFarmer Estimates, Union Strikes, Oceans, Urea Prices 8/25/24
Highlights Cease-fire negotiations for the Israel-Hamas war are set to begin today in Cairo. Israel has accepted a “bridging” agreement...
Wright team
Aug 24, 20244 min read
Tidbits, Railroad, U.S. Economy, ProFarmer Tour Estimates 8/24/24
Highlights Canada’s government has ordered Canada’s railways and workers’ union to get back to work on Friday. Union members went to work...
Wright team
Aug 23, 20245 min read
Tidbits, ProFarmer IA & MN, Brazil, Wheat Crops, Housing, Export Sales 8/23/24
Highlights ProFarmer Tour results and comments by Reuters’ Karen Braun: Minnesota corn yield at 164.9 bu/acre, the tour's lowest since...
Wright team
Aug 22, 20245 min read
Tidbits, Wheat Hedge, ProFarmer IL & IA, Jobs Cut, ENSO, Broilers & Ethanol 8/22/24
Highlights ProFarmer Tour 2024 results for Illinois were up 5.4% year-on-year, topping the old tour high of 196.96 from 2014. USDA sees...
Wright team
Aug 21, 20245 min read
Weekly Summary & Recommendations 8/21/24
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright team
Aug 21, 20245 min read
Tidbits, Pro Farmer Tour, U.S. Economy, Basis in Brazil 8/21/24
Highlights Pro Farmer Nebraska corn yield is up from last year but below 2021's 182.35 record yield. Pod counts for soybeans are a 3 year...
Wright team
Aug 20, 20244 min read
Tidbits, ProFarmer Tour, Crop Conditions, Export Inspections 8/20/24
Highlights ProFarmer Tour field comments Monday: Average pod counts for soybeans in a 3x3 foot plot in northeast Nebraska (Knox, Cedar,...
Wright team
Aug 19, 20243 min read
Tidbits, Canadian Railroads, Corn Carry, Kevin Duling's Commentary 8/19/24
Highlights Weekend weather was hotter and much drier than predicted in the Eastern Corn Belt where there is no subsoil moisture. West...
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