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Wright Team

Jul 5, 20233 min read

Weekly Summary & Recommendations 7/5/23

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

Pricing Decision, Soybeans, Tidbits, Markets & Rain Days Update 7/5/23

Wright Team

Jul 5, 20234 min read

Pricing Decision, Soybeans, Tidbits, Markets & Rain Days Update 7/5/23

Soybean Seasonal Price Up Trend Ends July 15 How to Decide When to Price Grain and Oilseeds The age-old problem is to decide when to...

Tidbits, Export Inspections, BC Vote, Markets & Rain Days Update 7/4/23

Wright Team

Jul 4, 20233 min read

Tidbits, Export Inspections, BC Vote, Markets & Rain Days Update 7/4/23

Highlights The percent of the nation’s corn crop in the good to excellent categories improved 1% this past week to 51% good or excellent....

Tidbits, Markets & Rain Days Update 7/3/23

Wright Team

Jul 3, 20234 min read

Tidbits, Markets & Rain Days Update 7/3/23

Market Schedule The CBOT will close its normal time today, but will not reopen until 8:30 AM Central on Wednesday. Trading volume will be...

Wright Team

Jul 2, 20233 min read

Weekly Basis 7/2/23

The Dow Jones Industrial Average (DJIA) settled at 34,407.60, +680.17 points for the week. Crude oil settled at $70.45, +0.95. The Dollar...

Tidbits, USDA & Carryout, Rain Days Update 7/2/23

Wright Team

Jul 2, 20233 min read

Tidbits, USDA & Carryout, Rain Days Update 7/2/23

Highlights Before Friday’s Actual Planted Acreage Report, USDA projected the new crop soybean marketing year, the USA would consume and...

Tidbits, USDA, Market Outlook, Markets & Rain Days Update 7/1/23

Wright Team

Jul 1, 20234 min read

Tidbits, USDA, Market Outlook, Markets & Rain Days Update 7/1/23

Highlights Do not be selling or pricing any corn. Weather is far more important than acres and world weather is out of whack. Weather...

Wright Team

Jun 30, 20231 min read

USDA June Inventory Numbers 6/30/23

Inventory of corn, wheat and beans less than expected. 35 Minutes after Report was released: July corn down -14 December corn -17 July...

Tidbits, Estimates, Weather, Export Sales, Markets & Rain Days Update 6/30/23

Wright Team

Jun 30, 20233 min read

Tidbits, Estimates, Weather, Export Sales, Markets & Rain Days Update 6/30/23

Highlights Today is the last business day of the week, the month and the quarter and there is only one business day (Monday) until the...

Tidbits, July Roll, Broilers & Ethanol, Markets & Rain Days Update 6/29/23

Wright Team

Jun 29, 20233 min read

Tidbits, July Roll, Broilers & Ethanol, Markets & Rain Days Update 6/29/23

July Futures Expiration Today is the last trading day before first notice day for deliveries on July CBOT contracts. After the close...

Weekly Summary & Recommendations 6/28/23

Wright Team

Jun 28, 20233 min read

Weekly Summary & Recommendations 6/28/23

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

Tidbits, Clarification, Weather, Economy, Markets & Rain Days Update 6/28/23

Wright Team

Jun 28, 20234 min read

Tidbits, Clarification, Weather, Economy, Markets & Rain Days Update 6/28/23

Market Comment & Clarification Roger apologizes for yesterday’s morning email sent discussing when to price your commodities. In no way...

Why Are CBOT Prices So Weak Today? 6/27/23

Wright Team

Jun 27, 20232 min read

Why Are CBOT Prices So Weak Today? 6/27/23

All of us at Wright on the Market know you want to know why CBOT prices are so weak today. We have searched the corners of the earth for...

Tidbits, ENSO, Export Inspections, Markets & Rain Days Update 6/27/23

Wright Team

Jun 27, 20233 min read

Tidbits, ENSO, Export Inspections, Markets & Rain Days Update 6/27/23

Highlights The nation’s corn crop is rated 50% and the bean crop is rated 51% good or excellent are at their second lowest point for this...

Tidbits, Weather, Markets & Rain Days Update 6/26/23

Wright Team

Jun 26, 20232 min read

Tidbits, Weather, Markets & Rain Days Update 6/26/23

Highlights Rainfall inches Monday to Sunday at Karen Braun’s CropWatch locations (25.4 mm per 1 inch): SD 3.5" E IA 2" IN 0.7" MN 0.65"...

Wright Team

Jun 25, 20234 min read

Weekly Basis 6/25/23

The Dow Jones Industrial Average (DJIA) settled at 33,727.43, -571.69 points for the week. Crude oil settled at $69.50, -1.94. The Dollar...

Tidbits, Russia & Wagner Group, Rain Days Update 6/25/23

Wright Team

Jun 25, 20233 min read

Tidbits, Russia & Wagner Group, Rain Days Update 6/25/23

Highlights Early Saturday, it was reported the Wagner Group had “captured” the city of Rostov-on-Don in southern Russia. A convoy of the...

Tidbits, Yield Loss, Wagner Group, Cattle, Export Sales, Markets & Rain Days Update 6/24/23

Wright Team

Jun 24, 20234 min read

Tidbits, Yield Loss, Wagner Group, Cattle, Export Sales, Markets & Rain Days Update 6/24/23

Highlights The Corn Belt is expected to get some scattered showers off and on next week. It looks like everyone should get at least a...

Tidbits, Pricing Corn, Drought Chart, ENSO, Broilers & Ethanol, Markets & Rain Days Update 6/23/23

Wright Team

Jun 23, 20235 min read

Tidbits, Pricing Corn, Drought Chart, ENSO, Broilers & Ethanol, Markets & Rain Days Update 6/23/23

Highlights July CBOT options expire today. The day before and the day options expire are usually down days for CBOT futures. President...

Tidbits, Q&A: Fertilizers, Fuel Standards, Soybeans Correction, Markets & Rain Days Update 6/22/23

Wright Team

Jun 22, 20234 min read

Tidbits, Q&A: Fertilizers, Fuel Standards, Soybeans Correction, Markets & Rain Days Update 6/22/23

Highlights If the front three contract months of any commodity futures settles limit up or limit down, the next day’s daily trading limit...

BASIC & RECENT MARKET INFO

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