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Wright Team
Apr 24, 20222 min read
Palm Oil Is The Reason. Politicians Are the Cause. 04/25/2022
We learned a long time ago politicians are far more unpredictable than the weather. Overnight was another classic example. Indonesia...
Wright Team
Apr 23, 20223 min read
Ukrainian Grain, Tech Guy's Comments, Rain Days Update 04/24/2022
Highlights Novooleksiyivka is a town in the Kherson region of Southeast Ukraine now occupied by Russians. The local grain elevator’s...
Wright Team
Apr 22, 20224 min read
Tidbits, Palm Oil, Put Options, Markets & Rain Days Update 04/23/2022
Highlights Russia's government is expected to “officially” default on May 4, when the 30-day grace period on its dollar-denominated bonds...
Wright Team
Apr 22, 20224 min read
Weekly Basis 04/22/2022
The Dow Jones Industrial Average settled at 33,811.40, down 639.83 points for the week. Crude oil settled at $101.45, down $5.09 for the...
Wright Team
Apr 22, 20227 min read
Tidbits, Put Options, Export Sales, Markets & Rain Days Update 04/22/2022
Highlights September corn futures on China’s Dalian Exchange is $11.87 per bushel. About a third of China’s population is on covid...
Wright Team
Apr 21, 20225 min read
Tidbits, Put Options, Broilers & Ethanol, Markets & Rain Days Update 04/21/2022
Highlights Because feed wheat is so expensive, the US Ag Attaché in Vietnam expects corn imports to increase 600,000 mt this year. ABIOVE...
Wright Team
Apr 19, 20224 min read
Tidbits, Put Options, Markets & Rain Days Update 04/20/2022
Highlights USDA announced yesterday morning the sale of 123,650 mts of old crop soybeans to unknown. The crude oil complex was pressured...
Wright Team
Apr 19, 20223 min read
Weekly Summary & Recommendations 04/20/2022
Summary & recommendations for corn, soybeans and wheat this week. Corn Corn Situation after the close 19 April 2022 Even though we...
Wright Team
Apr 18, 20224 min read
Brazilian Grain, Export Inspections, Put Options, Markets & Rain Days Update 04/19/2022
Highlights Now that the holiday is behind us, Reuters released more details about Friday’s NOPA report. March crush was 181.759 million...
Wright Team
Apr 18, 20226 min read
SA Grains, Put Options, Markets & Rain Days Update 04/18/2022
Highlights Two Libyan ports have stopped loading crude oil due to protests calling for the Prime Minister to step down. National Oil...
Wright Team
Apr 18, 20222 min read
Tech Guy's Comments 04/18/2022
Grain Complex Thursday's trade further showed the old crop corn contracts are strengthening on the new crop. This inversion (nearby...
Wright Team
Apr 16, 20223 min read
Hay, Put Options, Rain Days Update 04/17/2022
Highlights The March Soybean NOPA crush was 181.8 million bushels, about as expected and 3.8 million bushels more than a year ago. The...
Wright Team
Apr 16, 20224 min read
South American Grain, Shanghai, Markets & Rain Days Update 04/16/2022
Highlights We cannot find any numbers for the March NOPA Soybean crush numbers. They are scheduled to be released on the 15th of every...
Wright Team
Apr 15, 20223 min read
Fertilizers, Ukranian Grain, Export Sales, Markets & Rain Days Update 04/15/2022
Highlights USDA announced yesterday morning the sale of 132,000 mt of old crop soybeans to China. Yesterday’s mid-day weather updates...
Wright Team
Apr 14, 20224 min read
Weekly Basis 04/15/2022
The Dow Jones Industrial Average settled at 34,451.23, down 269.89 points for the week. Crude oil settled at $106.54, up $8.74 for the...
Wright Team
Apr 14, 20223 min read
CBOT Prices, Broilers & Ethanol, Markets & Rain Days Update 04/14/2022
Highlights Thanks to those of you who took the time to respond to our request for feedback on the Tech Guy. After the big gains the past...
Wright Team
Apr 14, 20223 min read
CPI, Tidbits, Markets & Rain Days Update 04/13/2022
Highlights Consumer Price Index (CPI) is the measure of inflation at the retail level. Yesterday morning’s monthly report said retail...
Wright Team
Apr 13, 20223 min read
Weekly Summary & Recommendations 04/14/2022
Summary & recommendations for corn, soybeans and wheat this week. Corn Corn Situation after the close 12 April 2022 Even though we...
Wright Team
Apr 12, 20223 min read
World Crop, Export Inspections, BC Vote, Markets & Rain Days Update 04/12/2022
Highlights Markets are closed for Good Friday Yesterday morning USDA reported sales of: 680,000 mts of old crop corn to China 340,000 mts...
Wright Team
Apr 12, 20222 min read
Russia-Ukraine, BC Vote, Markets & Rain Days Update 04/11/2022
Highlights There were 7 natural gas or crude oil drilling rigs and 4 shale fracking rigs added last week in the USA. There are now 670...
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