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Tidbits, Corn & Beans Lows, Rain Days Update 8/20/23

Wright Team

Aug 20, 20232 min read

Tidbits, Corn & Beans Lows, Rain Days Update 8/20/23

Tidbits The war continues to escalate and the next two weeks are going to be dry in the Corn Belt and warmer than normal except in the...

Tidbits, Economy, Ukraine's Export, Option Expirations, Markets & Rain Days Update 8/19/23

Wright Team

Aug 19, 20234 min read

Tidbits, Economy, Ukraine's Export, Option Expirations, Markets & Rain Days Update 8/19/23

Written yesterday morning: "Roger, I am in one of the dry pockets of NE Iowa (about 45 minutes north of Waterloo). I have had a little...

Tidbits, Export Sales, Markets & Rain Days Update 8/18/23

Wright Team

Aug 18, 20233 min read

Tidbits, Export Sales, Markets & Rain Days Update 8/18/23

Highlights Percent crop area in drought condition this week versus last week: Corn 42% versus 49%. Soybean 38% versus 43% Spring wheat...

Tidbits, Corn Marketing, Ammonia, ENSO, Broilers & Ethanol, Markets & Rain Days Update 8/16/23

Wright Team

Aug 17, 20233 min read

Tidbits, Corn Marketing, Ammonia, ENSO, Broilers & Ethanol, Markets & Rain Days Update 8/16/23

Highlights Last half of August is going to be hot and dry for most of the Corn Belt. Suddenly, soybeans and soybean oil are leading CBOT...

Weekly Summary & Recommendations 8/16/23

Wright Team

Aug 16, 20233 min read

Weekly Summary & Recommendations 8/16/23

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

Tidbits, Ukrainian Export, Markets & Rain Days Update 8/16/23

Wright Team

Aug 16, 20234 min read

Tidbits, Ukrainian Export, Markets & Rain Days Update 8/16/23

Thanks to Bill for letting us know Minnesota is not east, but west of Wisconsin. Bill says he always pays close attention to what we send...

Tidbits, China, Economy, Export Inspections, Markets & Rain Days Update 8/15/23

Wright Team

Aug 15, 20236 min read

Tidbits, China, Economy, Export Inspections, Markets & Rain Days Update 8/15/23

Economy and Market Comment First thing this morning, there was a large “dump” of economic data that the world marketplace expected to be...

Tidbits, Markets & Rain Days Update 8/14/23

Wright Team

Aug 14, 20233 min read

Tidbits, Markets & Rain Days Update 8/14/23

Highlights The US Midwest is predicted by the NOAA to be very hot with most areas receiving less than normal rainfall. Asian shares are...

Wright Team

Aug 13, 20234 min read

Weekly Basis 8/13/23

It's our weekly grain market prices and US grain basis analysis and outlook on August 13, 2023 for corn, soybeans and wheat. The Dow...

Tidbits, Bottom Line, Rain Days Update 8/13/23

Wright Team

Aug 13, 20233 min read

Tidbits, Bottom Line, Rain Days Update 8/13/23

Tidbits & Bottom Line Later this morning, we will send you Eugene's Weekly Basis Report. If you read nothing else this morning, be sure...

USDA August Grain S&D Report, Tidbits, Markets & Rain Days Update 8/12/23

Wright Team

Aug 12, 20234 min read

USDA August Grain S&D Report, Tidbits, Markets & Rain Days Update 8/12/23

USDA S&D Report Analysis Corn and soybean yields were less than expected and less than last month. Corn and soybean production numbers...

Wright Team

Aug 11, 20231 min read

USDA August Numbers 8/11/23

Better than expected for price outlook of corn and beans. Not so bad for wheat prices. USDA Supply and Demand Highlights for 11 August...

Tidbits, Upcoming S&D Comments, Wheat, Export Sales, Markets & Rain Days Update 8/11/23

Wright Team

Aug 11, 20234 min read

Tidbits, Upcoming S&D Comments, Wheat, Export Sales, Markets & Rain Days Update 8/11/23

Highlights July’s CPI (inflation at the retail level) was up 0.2% (as expected) and up 3.2% (3.3% expected) for the previous 12 months....

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 8/10/23

Wright Team

Aug 10, 20234 min read

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 8/10/23

The markets usually do not move very much the 24 hours before a USDA monthly S&D as traders have had weeks to determine the positions...

Wright Team

Aug 9, 20233 min read

Weekly Summary & Recommendations 8/9/23

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

Tidbits, 2 Clients Story, S&D Expectations, SAF, Meal Puts, Markets & Rain Days Update 8/9/23

Wright Team

Aug 9, 20235 min read

Tidbits, 2 Clients Story, S&D Expectations, SAF, Meal Puts, Markets & Rain Days Update 8/9/23

The Story of Two Clients Chris and Doug were email subscription clients in May 2022. Both farm in Iowa and both became full service...

Tidbits, Basis Decision, Corn Outlook, ENSO, Export Inspections, Markets & Rain Days Update 8/8/23

Wright Team

Aug 8, 20234 min read

Tidbits, Basis Decision, Corn Outlook, ENSO, Export Inspections, Markets & Rain Days Update 8/8/23

Basis Decision The cash price paid to farmers is a function of futures and basis. You need to separate the day you price them because the...

Tidbits, Wheat Prices, Natural Gas, Markets & Rain Days Update 8/7/23

Wright Team

Aug 7, 20235 min read

Tidbits, Wheat Prices, Natural Gas, Markets & Rain Days Update 8/7/23

Highlights The Corn Belt is expected to have above normal rainfall and below normal temperatures the next two weeks. Don't expect...

Tidbits, Russian, Wheat Prices, Rain Days Update 8/6/23

Wright Team

Aug 6, 20235 min read

Tidbits, Russian, Wheat Prices, Rain Days Update 8/6/23

Crop Feedback Received the following last evening from Clint, and we thank him for taking the time to give this crop report: "Roger, we...

Wright Team

Aug 6, 20233 min read

Weekly Basis 8/6/23

The Dow Jones Industrial Average (DJIA) settled at 35,065.62, -393.67 points for the week. Crude oil settled at $82.64, +1.97. The Dollar...

BASIC & RECENT MARKET INFO

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