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Weekly Summary & Recommendations 6/21/23

Wright Team

Jun 21, 20233 min read

Weekly Summary & Recommendations 6/21/23

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

Tidbits, Crop Conditions, EPA, Index, Export Inspections, Markets & Rain Days Update 6/21/23

Wright Team

Jun 21, 20233 min read

Tidbits, Crop Conditions, EPA, Index, Export Inspections, Markets & Rain Days Update 6/21/23

Highlights Yesterday’s mid-day weather models added light rains for the I-States, but confidence is low and there is little agreement...

Tidbits, Dry Weather, Basis, Markets & Rain Days Update 6/20/23

Wright Team

Jun 20, 20233 min read

Tidbits, Dry Weather, Basis, Markets & Rain Days Update 6/20/23

Highlights It will be very hot this week in the crop areas of China with temperatures in Shandong and Hebei provinces expected to be over...

Tidbits, Q&A: Marketing Actions & Weather Rally, Markets & Rain Days Update 6/19/23

Wright Team

Jun 19, 20235 min read

Tidbits, Q&A: Marketing Actions & Weather Rally, Markets & Rain Days Update 6/19/23

Highlights The Tech Guy did a great job updating the weather situation with his mailing to his blog followers last evening. If you missed...

Wright Team

Jun 18, 20233 min read

Weekly Basis 6/18/23

The Dow Jones Industrial Average (DJIA) settled at 34,299.12, +422.34 points for the week. Crude oil settled at $71.44, +1.09. The Dollar...

Wright Team

Jun 18, 20233 min read

Tidbits, Rain Days Update 6/18/23

Highlights There appears to be few more scattered showers predicted at the end of the ten day forecast for many areas of the Corn Belt....

Tidbits, Markets & Rain Days Update 6/17/23

Wright Team

Jun 17, 20233 min read

Tidbits, Markets & Rain Days Update 6/17/23

Highlights December corn settled above its 200-day moving average yesterday, 2½¢ below $6.00 and just a half cent from its high for the...

Tidbits, Export Sales, Markets & Rain Days Update 6/16/23

Wright Team

Jun 16, 20233 min read

Tidbits, Export Sales, Markets & Rain Days Update 6/16/23

Markets will close at normal time today and reopen on Monday evening at normal time before a three-day weekend. Monday night, markets...

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 6/15/23

Wright Team

Jun 15, 20233 min read

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 6/15/23

Highlights The US Producer Price Index for May was reported yesterday morning a negative 0.3% versus the expected negative 0.1%; April...

Weekly Summary & Recommendations 6/14/23

Wright Team

Jun 14, 20233 min read

Weekly Summary & Recommendations 6/14/23

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

Tidbits, ENSO, Q&A: Pricing 2024, Markets & Rain Days Update 6/14/23

Wright Team

Jun 14, 20233 min read

Tidbits, ENSO, Q&A: Pricing 2024, Markets & Rain Days Update 6/14/23

Highlights Suddenly yesterday morning, the market became very concerned about a lack of rain on Canada’s canola crop and Europe’s...

Tidbits, Export Inspections, Markets & Rain Days Update 6/13/23

Wright Team

Jun 13, 20234 min read

Tidbits, Export Inspections, Markets & Rain Days Update 6/13/23

Highlights The U.S. corn conditions are 61% good/excellent, down 3% from last week and 1% worse than the market expected. The 5-year...

Wright Team

Jun 12, 20232 min read

Tidbits, Rain Days Update 6/12/23

Highlights December corn gapped higher on the opening last night because a lot of Midwest locations got rain over the weekend, but not...

Wright Team

Jun 11, 20233 min read

Weekly Basis 6/11/23

The Dow Jones Industrial Average (DJIA) settled at 33,876.78, +114.02 points for the week. Crude oil settled at $70.35, -1.52. The Dollar...

Wright Team

Jun 11, 20232 min read

Tidbits, Rain Days Update 6/11/23

Highlights Kory Melby’s comments on Brazil’s safrinha corn crop: "Early yields are fantastic in Mato Grosso, 150-180 sacs on early...

Tidbits, S&D, Markets & Rain Days Update 6/10/23

Wright Team

Jun 10, 20233 min read

Tidbits, S&D, Markets & Rain Days Update 6/10/23

Highlights Yesterday’s mid-day GFS model run shifted towards the drier EU model with reduced probability of rain for Iowa, Illinois,...

Wright Team

Jun 9, 20231 min read

USDA Numbers 6/9/23

27 Minutes after Report was released: July corn down 8 July beans up 18 July CBOT wheat down 1 July KC wheat down 14 Sept Spring wheat...

Tidbits, Economy, Export Sales, Markets & Rain Days Update 6/9/23

Wright Team

Jun 9, 20234 min read

Tidbits, Economy, Export Sales, Markets & Rain Days Update 6/9/23

Today at 11:00 Central Time, the USDA will release its June S&D report, which will most likely be a non-event. USDA seldom changes any US...

Tidbits, Weather, Contract Rolling, Broilers & Ethanol, Markets & Rain Days Update 6/8/23

Wright Team

Jun 8, 20234 min read

Tidbits, Weather, Contract Rolling, Broilers & Ethanol, Markets & Rain Days Update 6/8/23

Highlights Yesterday’s mid-day GFS run showed a slightly wetter Delta and a slightly drier Argentina. Last evening’s GFS run predicted...

Wright Team

Jun 7, 20233 min read

Weekly Summary & Recommendations 6/7/23

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

BASIC & RECENT MARKET INFO

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