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Tidbits, House of Reps, Wheat Inventories, Markets & Rain Days Update 10/4/23

Wright team

Oct 4, 20234 min read

Tidbits, House of Reps, Wheat Inventories, Markets & Rain Days Update 10/4/23

Highlights The Speaker of the House of Representatives, Kevin McCarthy, lost his job yesterday afternoon by a vote of 216 to oust to 210...

Tidbits, OPEC, Calls vs DP, Export Inspections, Markets & Rain Days Update 10/3/23

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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...

Tidbits, Brazil, PMI, Crop Comment, Markets & Rain Days Update 10/2/23

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Oct 2, 20234 min read

Tidbits, Brazil, PMI, Crop Comment, Markets & Rain Days Update 10/2/23

Highlights Rain has fallen the past three days in the Brazilian states of Mato Grosso and Goias and the Brazilian National Weather...

Wright team

Oct 1, 20234 min read

Weekly Basis 10/1/23

It's our weekly grain market prices and US grain basis analysis and outlook on October 1, 2023 for corn, soybeans and wheat. The Dow...

Tidbits, Exports & Corn, Rain Days Update 10/1/23

Wright team

Oct 1, 20232 min read

Tidbits, Exports & Corn, Rain Days Update 10/1/23

Highlights The US House of Representatives passed a funding bill to keep the government open until November 17th. If things go according...

Tidbits, Grain Stocks & Market Reactions, Markets & Rain Days Update 9/30/23

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Sep 30, 20233 min read

Tidbits, Grain Stocks & Market Reactions, Markets & Rain Days Update 9/30/23

Highlights In yesterday's Quarterly Inventory and Small Grains Summary Reports, the USDA reduced the size of the 2022 corn crop by 15...

Wright team

Sep 29, 20231 min read

USDA Stocks Report Numbers 9/29/23

The 2022 corn for grain production is revised down 15 mil bu. Corn harvested for grain is revised to 79.1 million acres, down 100,000...

Tidbits, Drought Monitor, Hogs Report, Export Sales, Markets & Rain Days Update 9/29/23

Wright Team

Sep 29, 20233 min read

Tidbits, Drought Monitor, Hogs Report, Export Sales, Markets & Rain Days Update 9/29/23

Highlights The USDA will issue its Quarterly Grain Inventory and Small Grains Reports at 10 AM Mountain Time today. The corn and bean...

Tidbits, ENSO, Corn Price History, Broilers & Ethanol, Markets & Rain Days Update 9/28/23

Wright Team

Sep 28, 20234 min read

Tidbits, ENSO, Corn Price History, Broilers & Ethanol, Markets & Rain Days Update 9/28/23

A micro natural gas futures and options contract will begin trading on November 6th. The micro contract size will be 1,000 mbtu (million...

Weekly Summary & Recommendations 9/27/23

Wright Team

Sep 27, 20233 min read

Weekly Summary & Recommendations 9/27/23

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...

Tidbits, Quarterly Stocks Estimates, Markets & Rain Days Update 9/27/23

Wright Team

Sep 27, 20234 min read

Tidbits, Quarterly Stocks Estimates, Markets & Rain Days Update 9/27/23

Highlights Dr. Cordonnier cut his US corn yield estimate by 1.5 bu to 171.5 and reduced bean yields by a half bushel to 49.0. The...

Tidbits, Export Inspections, Markets & Rain Days Update 9/26/23

Wright Team

Sep 26, 20234 min read

Tidbits, Export Inspections, Markets & Rain Days Update 9/26/23

Highlights The war is escalating. Yesterday morning, the USDA reported the sale of 1,049,771 mts of old crop corn and 611,389 mts of new...

Tidbits, Yield Reports, Markets & Rain Days Update 9/25/23

Wright Team

Sep 25, 20234 min read

Tidbits, Yield Reports, Markets & Rain Days Update 9/25/23

Crop Feedback Jake has a marketing service in Wahpeton, North Dakota. He sent this information Sunday afternoon: "Hello Roger, I have...

Tidbits, eFuel, Rainfall Comment, Rain Days Update 9/24/23

Wright Team

Sep 24, 20234 min read

Tidbits, eFuel, Rainfall Comment, Rain Days Update 9/24/23

Highlights In Australia, Chevron’s employee union accepted, as Chevron already had, proposals from the country’s industrial arbitrator....

Wright Team

Sep 24, 20233 min read

Weekly Basis 9/24/23

It's our weekly grain market prices and US grain basis analysis and outlook on September 24, 2023 for corn, soybeans and wheat. The Dow...

Tidbits, Wheat, Cattle, Markets & Rain Days Update 9/23/23

Wright Team

Sep 23, 20234 min read

Tidbits, Wheat, Cattle, Markets & Rain Days Update 9/23/23

Highlights A tow of barges ran aground near Vicksburg, Mississippi yesterday; navigation is closed until the tow is freed. Russia...

Tidbits, Pre-hedging, Export Sales, Markets & Rain Days Update 9/22/23

Wright Team

Sep 22, 20234 min read

Tidbits, Pre-hedging, Export Sales, Markets & Rain Days Update 9/22/23

Pre-Hedging October Options Expire today, it will impact the prices at least temporarily. Pre-hedging: In the grain business, pre-hedging...

Tidbits, Inventories, Soybeans Exports, Broilers & Ethanol, Markets & Rain Days Update 9/21/23

Wright Team

Sep 21, 20235 min read

Tidbits, Inventories, Soybeans Exports, Broilers & Ethanol, Markets & Rain Days Update 9/21/23

Highlights Federal Reserve Chairman Jerome Powell suggested interest rates will be “higher for longer” and could stay above 5% this year...

Weekly Summary & Recommendations 9/20/23

Wright Team

Sep 20, 20233 min read

Weekly Summary & Recommendations 9/20/23

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...

Tidbits, Markets & Rain Days Update 9/20/23

Wright Team

Sep 20, 20235 min read

Tidbits, Markets & Rain Days Update 9/20/23

Tidbits Recent data shows China’s economy is finding its footing. This afternoon, the Fed will reveal how it thinks the US economy is...

BASIC & RECENT MARKET INFO

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