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Wright Team

May 7, 20234 min read

Weekly Basis 5/7/23

The Dow Jones Industrial Average (DJIA) settled at 33,674.38, -423.78 points for the week. Crude oil settled at $71.32, -5.31. The Dollar...

Tidbits, Economy, Safrinha Crop, Fuel, Rain Days Update 5/7/23

Wright Team

May 7, 20234 min read

Tidbits, Economy, Safrinha Crop, Fuel, Rain Days Update 5/7/23

Highlights Wheat harvest in Central Kansas started yesterday. They must have had some pretty dry weather… This is when wheat harvest...

Tidbits, Audio, Cancelations, Politics, Wheat, Markets & Rain Days Update 5/6/23

Wright Team

May 6, 20233 min read

Tidbits, Audio, Cancelations, Politics, Wheat, Markets & Rain Days Update 5/6/23

Highlights Weekly export sales reported Thursday morning were a net reduction of 315,600 mts of old crop corn. It has been more than 20...

Tidbits, Audio, Export Sales, Markets & Rain Days Update 5/5/23

Wright Team

May 5, 20235 min read

Tidbits, Audio, Export Sales, Markets & Rain Days Update 5/5/23

Brian Burnell suggested that July calls, which Roger recommended yesterday to buy, may not have enough life to catch the big move up....

Tidbits, Education, Broilers & Ethanol, Markets & Rain Days Update 5/4/23

Wright Team

May 4, 20236 min read

Tidbits, Education, Broilers & Ethanol, Markets & Rain Days Update 5/4/23

For the dozens of you folks who have asked how to regain the financial loss resulting from buying fertilizer, diesel fuel and other...

Wright Team

May 3, 20233 min read

Weekly Summary & Recommendations 5/3/23

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

Tidbits, Economy, Expected Rally, Grain Corridor, ENSO, Markets & Rain Days Update 5/3/23

Wright Team

May 3, 20235 min read

Tidbits, Economy, Expected Rally, Grain Corridor, ENSO, Markets & Rain Days Update 5/3/23

Highlights We mentioned yesterday China’s disappointing April Purchasing Managers’ Index (PMI) was released on Monday before the sun set...

Tidbits, Banks, Crops, Crush, Export Inspections, Markets & Rain Days Update 5/2/23

Wright Team

May 2, 20233 min read

Tidbits, Banks, Crops, Crush, Export Inspections, Markets & Rain Days Update 5/2/23

Highlights Crop conditions and progress reports yesterday afternoon were slightly supportive for wheat. Corn, at 26% planted, was...

Tidbits, Soybeans, Markets & Rain Days Update 5/1/23

Wright Team

May 1, 20235 min read

Tidbits, Soybeans, Markets & Rain Days Update 5/1/23

Highlights The FDIC had a goal to get the failing First Republic Bank merged with another bank before the Asian markets opened Sunday...

Wright Team

Apr 30, 20233 min read

Weekly Basis 4/30/23

The Dow Jones Industrial Average (DJIA) settled at 34,098.16, +289.20 points for the week. Crude oil settled at $76.63, -1.32. The Dollar...

Tidbits, Market Comments, Rain Days Update 4/30/23

Wright Team

Apr 30, 20234 min read

Tidbits, Market Comments, Rain Days Update 4/30/23

Highlights Banking regulators decided Friday afternoon First Republic Bank cannot be saved; there is no more time to pursue a rescue...

Tidbits, Markets & Rain Days Update 4/29/23

Wright Team

Apr 29, 20233 min read

Tidbits, Markets & Rain Days Update 4/29/23

Highlights Iran seized an oil tanker in the Gulf of Oman in international waters in the most serious incident of a series of seizures and...

Tidbits, Q&A: Price drop, Export Sales, Markets & Rain Days Update 4/28/23

Wright Team

Apr 28, 20235 min read

Tidbits, Q&A: Price drop, Export Sales, Markets & Rain Days Update 4/28/23

Repeating 2013? Market outlook 2012 was the sixth Corn Belt wide drought since 1900. The other five were in 1934, 1936, 1980, 1983, and...

Tidbits, New Crop Marketing, ENSO, Broilers & Ethanol, Markets & Rain Days Update 4/27/23

Wright Team

Apr 27, 20235 min read

Tidbits, New Crop Marketing, ENSO, Broilers & Ethanol, Markets & Rain Days Update 4/27/23

Your futures broker and your merchandiser want all May futures positions and basis contracts liquidated or rolled by the close of...

Weekly Summary & Recommendations 4/26/23

Wright Team

Apr 26, 20233 min read

Weekly Summary & Recommendations 4/26/23

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

Tidbits, Alan's Tech Analysis, Markets & Rain Days Update 4/26/23

Wright Team

Apr 26, 20235 min read

Tidbits, Alan's Tech Analysis, Markets & Rain Days Update 4/26/23

Highlights Yesterday was an economic gloom and doom day made even more negative because it might rain in Kansas. The G7 and several...

Tidbits, Rolling the Basis, Crop Progress, Export Inspections, Markets & Rain Days Update 4/25/23

Wright Team

Apr 25, 20234 min read

Tidbits, Rolling the Basis, Crop Progress, Export Inspections, Markets & Rain Days Update 4/25/23

Rolling Basis Contracts: The Math A May basis contract needs to be rolled or priced by the close of business Thursday. We recommend all...

Tidbits, Corn Spread, SAF, Markets & Rain Days Update 4/24/23

Wright Team

Apr 24, 20235 min read

Tidbits, Corn Spread, SAF, Markets & Rain Days Update 4/24/23

Highlights Russia said Sunday it will not approve any new vessels to load Ukrainian grain unless their operators guarantee the transits...

Wright Team

Apr 23, 20234 min read

Weekly Basis 4/23/23

The Dow Jones Industrial Average (DJIA) settled at 33,808.96, -77.51 points for the week. Crude oil settled at $77.95, -4.73. The Dollar...

Wright Team

Apr 23, 20232 min read

Tidbits, Rain Days Update 4/23/23

Highlights Below to much below normal temperatures will cover the Eastern two-thirds of the USA to May 5th at the least according to the...

BASIC & RECENT MARKET INFO

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