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Tidbits, Economy, Deliveries, Export Sales 11/30/24

Wright team

Nov 305 min read

Tidbits, Economy, Deliveries, Export Sales 11/30/24

Tidbits The American economy expanded at a healthy 2.8% annual pace in the third quarter of 2024 on strong consumer spending and a surge...

Tidbits, Crude Oil, Milk Production, Urea Prices 9/1/24

Wright team

Sep 14 min read

Tidbits, Crude Oil, Milk Production, Urea Prices 9/1/24

Highlights Late Saturday afternoon, three of Libya’s oilfields received instructions to resume production, engineers at the fields told...

Tidbits, GDP, Stocks, September Deliveries, Export Sales 8/30/24

Wright team

Aug 305 min read

Tidbits, GDP, Stocks, September Deliveries, Export Sales 8/30/24

Highlights Most markets except financials will be closed on Monday, September 2, due to the Labor Day holiday. Trade will resume Monday...

Tidbits, Rain Makes Grain, China, Deliveries 7/31/24

Wright team

Jul 314 min read

Tidbits, Rain Makes Grain, China, Deliveries 7/31/24

Highlights The grain industry has been bad-mouthing China’s economic outlook which the grain industry says will greatly reduce China’s...

Tidbits, Palm Oil Market, Deliveries 7/5/24

Wright team

Jul 44 min read

Tidbits, Palm Oil Market, Deliveries 7/5/24

Tidbits S&P Global is projecting this year’s corn yield at 182.5 bushels (USDA 181) for a crop of 15.23 billion bushels! Lance traveled...

Tidbits, Marketing Comments, Crop Conditions, Deliveries, Export Inspections 7/2/24

Wright team

Jul 14 min read

Tidbits, Marketing Comments, Crop Conditions, Deliveries, Export Inspections 7/2/24

Market Comment Kevin Duling from Maupin, Oregon sent these comments to his clients yesterday afternoon about the USDA numbers: "After the...

Tidbits, Friday’s Carnage Analysis, Water & Oxygen 6/30/24

Wright team

Jun 304 min read

Tidbits, Friday’s Carnage Analysis, Water & Oxygen 6/30/24

Analysis of Friday’s Carnage Benson Quinn Commodities said the biggest surprise on Friday was USDA apparently delaying release with no...

Tidbits, July Deliveries, Weather, Export Sales 6/28/24

Wright team

Jun 283 min read

Tidbits, July Deliveries, Weather, Export Sales 6/28/24

Highlights At 11 AM Central Time today, the USDA will release its Actual Planted Acres, Quarterly Grain Inventory as of June 1st, and US...

Tidbits, OPEC Cuts, World Temperature, Deliveries 3/4/24

Wright team

Mar 44 min read

Tidbits, OPEC Cuts, World Temperature, Deliveries 3/4/24

Highlights OPEC+ members agreed yesterday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter of...

Tidbits, Wildfires in Texas, Deliveries, Export Sales 3/1/24

Wright team

Mar 14 min read

Tidbits, Wildfires in Texas, Deliveries, Export Sales 3/1/24

Highlights Yesterday concluded the averaging of the Revenue Assurance. So far, the averages are $4.66 for corn, $11.56 for beans and...

Tidbits, Mato Grosso, Markets & Rain Days Update 12/4/23

Wright team

Dec 4, 20233 min read

Tidbits, Mato Grosso, Markets & Rain Days Update 12/4/23

The USDA will issue its December S&D on Friday at 11 AM Central Time. There will be no adjustments for US 2023 crops, just demand...

Tidbits, Russian, Wheat Prices, Rain Days Update 8/6/23

Wright Team

Aug 6, 20235 min read

Tidbits, Russian, Wheat Prices, Rain Days Update 8/6/23

Crop Feedback Received the following last evening from Clint, and we thank him for taking the time to give this crop report: "Roger, we...

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, 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...

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...

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...

Highlights, Crude Oil Demand, ENSO, Broilers & Ethanol, Markets & Rain Days Update 9/1/22

Wright Team

Sep 1, 20223 min read

Highlights, Crude Oil Demand, ENSO, Broilers & Ethanol, Markets & Rain Days Update 9/1/22

Highlights USDA announced yesterday morning the sale of 167,000 mts of new crop soybeans to China. Crop Consultant Dr. Michael Cordonnier...

Highlights, Markets & Rain Days Update 8/31/22

Wright Team

Aug 31, 20223 min read

Highlights, Markets & Rain Days Update 8/31/22

Highlights A few days ago, we reported a client’s fuel supplier told him that they were unable to get a load of diesel and their truck...

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