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Weekly Summary & Recommendations 12/7/22

Wright Team

Dec 7, 20222 min read

Weekly Summary & Recommendations 12/7/22

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

Highlights, Economy, Markets & Rain Days Update 12/7/22

Wright Team

Dec 7, 20224 min read

Highlights, Economy, Markets & Rain Days Update 12/7/22

Highlights China announced that mandatory COVID testing is no longer required. People are allowed to move around their cities more freely...

Tidbits, ENSO, Gaps, Export Inspections, Markets & Rain Days Update 12/6/22

Wright Team

Dec 6, 20223 min read

Tidbits, ENSO, Gaps, Export Inspections, Markets & Rain Days Update 12/6/22

Highlights Early Monday news was China may announce ten COVID-19 easing measures as early as Wednesday, after three years of...

Highlights, Market Factors Reassess, Markets & Rain Days Update 12/5/22

Wright Team

Dec 5, 20221 min read

Highlights, Market Factors Reassess, Markets & Rain Days Update 12/5/22

Highlights Last week, both China and India were purchasing crude oil from Russia at a massive $33.28 discount to Brent. On Friday, they...

Tidbits, Soy Oil Competition, Rain Days Update 12/4/22

Wright Team

Dec 4, 20223 min read

Tidbits, Soy Oil Competition, Rain Days Update 12/4/22

Highlights Wayne Bacon of Hammersmith Marketing LTD said the fine print of the EPA’s biofuel mandates for 2023 and 2024 issued Wednesday...

Wright Team

Dec 4, 20223 min read

Weekly Basis 12/4/22

The Dow Jones Industrial Average (DJIA) settled at 34,429.88, up 82.85 points for the week. Crude oil settled at $80.34, up $3.79 for the...

Tidbits, Markets & Rain Days Update 12/3/22

Wright Team

Dec 3, 20223 min read

Tidbits, Markets & Rain Days Update 12/3/22

Highlights President Biden signed legislation to require US rail workers to continue to work. There will be no legal strike in the coming...

Tidbits, Export Sales, Markets & Rain Days Update 12/2/22

Wright Team

Dec 2, 20223 min read

Tidbits, Export Sales, Markets & Rain Days Update 12/2/22

Highlights Soybean oil went down the daily limit and “locked” there in five contract months. “Locked” means there was no trading at limit...

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 12/1/22

Wright Team

Dec 1, 20224 min read

Tidbits, Broilers & Ethanol, Markets & Rain Days Update 12/1/22

Highlights The House of Representatives passed a resolution yesterday to force the adoption of the agreement by the railroads and the...

Weekly Summary & Recommendations 11/30/22

Wright Team

Nov 30, 20223 min read

Weekly Summary & Recommendations 11/30/22

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

Tidbits, Crude Oil, Markets & Rain Days Update 11/30/22

Wright Team

Nov 30, 20223 min read

Tidbits, Crude Oil, Markets & Rain Days Update 11/30/22

Highlights Mexico's President Obrador clarified that the GMO corn import ban in 2024 would apply to human consumption corn, but GMO corn...

Tidbits, Taiwan, Export Inspections, Markets & Rain Days Update 11/29/22

Wright Team

Nov 29, 20223 min read

Tidbits, Taiwan, Export Inspections, Markets & Rain Days Update 11/29/22

Highlights Weekend elections in Taiwan changed the government leadership from an alliance with the USA to supporting re-alignment with...

Tidbits, Markets & Rain Days Update 11/28/22

Wright Team

Nov 28, 20222 min read

Tidbits, Markets & Rain Days Update 11/28/22

Tidbits Protests at China Embassies are happening around the world this morning. Andrey Sizov’s comments on the China situation: "My...

Wright Team

Nov 27, 20222 min read

Weekly Basis 11/27/22

The Dow Jones Industrial Average (DJIA) settled at 34,347.03, up 601.34 points for the week. Crude oil settled at $76.55, down $3.56 for...

Wright Team

Nov 27, 20223 min read

Tidbits, Rain Days Update 11/27/22

From a client: "Bird flu continues to plague South Dakota turkey farmers. Flocks that we euthanized this spring then restocked after the...

Tidbits, Banks Reserve, ENSO, Export Sales, Markets & Rain Days Update 11/26/22

Wright Team

Nov 26, 20223 min read

Tidbits, Banks Reserve, ENSO, Export Sales, Markets & Rain Days Update 11/26/22

Highlights All the crude oil traders saw or heard yesterday was more cases of covid infection in China than any time since the dark days...

Tidbits, Fuel, Markets & Rain Days Update 11/25/22

Wright Team

Nov 25, 20225 min read

Tidbits, Fuel, Markets & Rain Days Update 11/25/22

Highlights The EU plans to apply price caps on natural gas prices have hit a dead-end for the fourth time this year after EU energy...

Tidbits, Brazil, Broilers & Ethanol, Markets & Rain Days Update 11/24/22

Wright Team

Nov 24, 20223 min read

Tidbits, Brazil, Broilers & Ethanol, Markets & Rain Days Update 11/24/22

Highlights Vegetable oil (palm, soybean, canola, sunflower, and five more) prices are now directly tied to the price of crude oil because...

Weekly Summary & Recommendations 11/23/22

Wright Team

Nov 23, 20222 min read

Weekly Summary & Recommendations 11/23/22

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

Tidbits, MATIF Wheat, CME & FTX, Markets & Rain Days Update 11/23/22

Wright Team

Nov 23, 20224 min read

Tidbits, MATIF Wheat, CME & FTX, Markets & Rain Days Update 11/23/22

Highlights MATIF stands for Marche A Terme International de France (Paris Futures Exchange) otherwise known as milling quality French...

BASIC & RECENT MARKET INFO

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