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Wright Team
Jun 4, 20224 min read
Highlights, Crude Oil, Diesel, Rain Days Update 6/5/22
Highlights In late April a ship loaded with 55,000 mt of Indian wheat left India to deliver the wheat to Turkey. When the vessel arrived...
Wright Team
Jun 3, 20224 min read
Weekly Basis 6/3/22
The Dow Jones Industrial Average settled at 32,899.70, up 686.74 points for the week. Crude oil settled at $120.26, up $5.19 for the...
Wright Team
Jun 3, 20222 min read
Highlights, Export Sales, Markets & Rain Days Update 6/4/22
Highlights Yesterday morning, the USDA announced 101,600 mts of old crop corn was sold to unknown buyer. Late yesterday afternoon, the...
Wright Team
Jun 3, 20222 min read
Highlights, Ethanol, Markets & Rain Days Update 6/3/22
Highlights Yesterday morning, The USDA announced the sales of: 55,000 mts of old crop soybeans to Pakistan 297,000 mts of new crop...
Wright Team
Jun 1, 20223 min read
Highlights, Broilers, Markets & Rain Days Update 6/2/22
Highlights USDA announced yesterday morning the sales of: 66,000 mts of old crop beans to China 66,000 mts of new crop beans to China The...
Wright Team
Jun 1, 20222 min read
Weekly Summary & Recommendations 6/1/22
Summary & recommendations for corn, soybeans and wheat this week. Corn Corn Situation after the close 31th May 2022: December corn...
Wright Team
Jun 1, 20222 min read
Highlights, Export Inspections, Markets & Rain Days Update 6/1/22
Highlights Officials of Russia and Turkey will meet on June 8th to discuss how to get Ukraine’s grain into the world marketplace. That...
Wright Team
May 30, 20224 min read
Highlights, Put Options, Markets & Rain Days Update 5/31/22
Highlights The EU has agreed to ban imports of Russian crude oil EXCEPT by pipeline. Hungary refused to accept pipeline embargo of...
Wright Team
May 30, 20224 min read
Brazil Ethanol Update, Markets & Rain Days Update 5/30/22
Highlights Turkish Phytosanitary and Customs Authorities have rejected Indian Origin Durum Wheat of 55,000 mt sold to a private buyer in...
Wright Team
May 28, 20222 min read
Highlights, Crude Oil, Rain Days Update 5/29/22
Highlights For the first time in 31 weeks, the US oil and gas drilling rig count was less on Friday than the previous Friday, but the rig...
Wright Team
May 27, 20226 min read
Highlights, Olga's Options, Markets & Rain Days Update 5/28/22
Highlights The corn basis at the Gulf was steady Friday, but soybean basis was 6 cents weaker for May, 2 cents weaker for June, and...
Wright Team
May 26, 20223 min read
Fertilizers, Export Sales, Markets & Rain Days Update 5/27/22
Highlights Tampa, Florida is a major fertilizer destination port for the USA. The June spot (cash) price in Tampa for ammonia nitrogen...
Wright Team
May 26, 20224 min read
Weekly Basis 5/27/22
The Dow Jones Industrial Average settled at 32,212.96, up 951.06 points for the week. Crude oil settled at $115.07, up $2.37 for the...
Wright Team
May 25, 20222 min read
Why Did July Beans Trade +56? 05/26/2022
Vegetable oils have been in an up trend for two years. About every six months, vegetable oil has a major price correction that lasts...
Wright Team
May 25, 20223 min read
Ukrainian Grain, Broilers & Ethanol, Markets & Rain Days Update 5/26/22
Highlights Yesterday, news began to leak that Russia might be willing or was willing or already had informed the United Nations...
Wright Team
May 24, 20223 min read
Highlights, Markets & Rain Days Update 5/25/22
Highlights Ag futures markets will be closed from Friday afternoon until regular opening at 7:00 p.m. CST on Monday. The funds are net...
Wright Team
May 24, 20222 min read
Weekly Summary & Recommendations 05/25/2022
Summary & recommendations for corn, soybeans and wheat this week. Corn Corn Situation after the close 24th May 2022: On May 13, we...
Wright Team
May 23, 20223 min read
USD Strenght, Planting Progress, Export Inspections, Markets & Rain Days Update 5/24/22
USD gaining strenght The US dollar strength and a faltering euro have many analysts predicting the two currencies could reach parity this...
Wright Team
May 23, 20221 min read
Why Is Corn Crashing? 05/24/2022
The White House reported about noon that Biden is being strongly encouraged to waive the ethanol mandate to reduce food prices. This is...
Wright Team
May 23, 20224 min read
Future of Grain Prices, Put Options, Markets & Rain Days Update 5/23/22
Highlights Wayne Bacon of Hammersmith Marketing LTD of France specializes in grains and protein meals for the feed industry in Africa,...
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