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Wright Team
Jul 13, 20222 min read
Weekly Summary & Recommendations 7/13/22
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...
Wright Team
Jul 13, 20223 min read
Highlights, S&D, Weather, Locusts, Markets & Rain Days Update 7/13/22
Highlights Yesterday's USDA numbers were essentially neutral with a decidedly negative twist for the wheat. There was nothing in the...
Wright Team
Jul 13, 20221 min read
USDA July Numbers 7/12/22
Compared to what was expected, the numbers are slightly negative corn, neutral to friendly soybeans and negative wheat. Compared to the...
Wright Team
Jul 12, 20221 min read
Crop Ratings & Topsoil Moisture on 11 of July 7/11/22
The market expected the crop condition rating for corn, wheat and beans to improve by 1% in the top two categories. Spring wheat added...
Wright Team
Jul 11, 20223 min read
Highlights, Export Inspections, Markets & Rain Days Update 7/12/22
Highlights The USDA will issue its monthly US and World S&D today at 10 Mountain Time. Benson-Quinn’s technical analysts say corn, wheat...
Wright Team
Jul 11, 20224 min read
Highlights, Put Options, Markets & Rain Days Update 7/11/22
Put Options The high for corn and beans will be made when the rain returns to the forecast or when the crop is so mature, rain will not...
Wright Team
Jul 10, 20224 min read
Highlights, Great Grain Robbery, Rain Days Update 7/10/22
Great Grain Robbery Twenty years after China went Communist (in 1949), its relationship with the Soviet Union (the mother of communism)...
Wright Team
Jul 9, 20223 min read
Weekly Basis 7/10/22
The Dow Jones Industrial Average settled at 31,338.15, up 104.8 points for the week. Crude oil settled at $104.8, down $3.66 for the...
Wright Team
Jul 9, 20223 min read
Highlights, Export Sales, Markets & Rain Days Update 7/9/22
Highlights As far as market action next week, it is all weather. If last night’s 6 to 10 day and 8 to 14 day forecasts are repeated this...
Wright Team
Jul 8, 20223 min read
Highlights, Weather, Broilers & Ethanol, Markets & Rain Days Update 7/8/22
Highlights Yesterday’s mid-day GFS model took more precipitation out of the morning’s already drier model run. The forecast for the...
Wright Team
Jul 7, 20224 min read
Highlights, Depression, Markets & Rain Days Update 7/7/22
Highlights The word of the day for every day this week was not “recession”. It was “depression”. It appears the way the world’s...
Wright Team
Jul 6, 20222 min read
Weekly Summary & Recommendations 7/6/22
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans...
Wright Team
Jul 6, 20222 min read
Highlights, Export Inspections, Markets & Rain Days Update 7/6/22
Highlights Heatwaves are predicted to sweep through northern China the next two weeks with temperatures exceeding 40 degrees Celsius (103...
Wright Team
Jul 6, 20221 min read
What to Do Now? 7/6/22
Ugly day, for sure. What do you think all those users of corn and beans are thinking? The crush margins were very profitable last week...
Wright Team
Jul 6, 20223 min read
Today's Market Summary 7/5/22
It appears the rain in parts of Iowa and Illinois coupled with the fear of the economic end of the world were the two reasons grain and...
Wright Team
Jul 4, 20222 min read
Highlights, Fertilizers, Markets & Rain Days Update 7/5/22
Highlights Yesterday, corn on the Paris futures market was up 12¾ US cents per bushel, wheat was up 36¾ US cents, rapeseed (an oilseed)...
Wright Team
Jul 4, 20225 min read
Highlights, Lift a Hedge, Put Options, Markets & Rain Days Update 7/4/22
Highlights Turkey will consider today a complete charging criminal liability to ship captains, buyers and sellers of stolen Ukrainian...
Wright Team
Jul 2, 20222 min read
Highlights, Drought, Russian Wheat, Rain Days Update 7/3/22
Highlights A few days ago, a client flew across Ohio, Indiana and Illinois on his way to Iowa. He was shocked how much bare ground he saw...
Wright Team
Jul 2, 20224 min read
Weekly Basis 7/3/22
The Dow Jones Industrial Average settled at 31,097, down 403.68 points for the week. Crude oil settled at $108.46, up $1.4 for the week....
Wright Team
Jul 2, 20224 min read
Highlights, Recession, Markets & Rain Days Update 7/2/22
Highlights The first half of 2022 was worst first half year for the stock market since 1970; that was 52 years ago. While a major gloom...
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