Tidbits, Brazil AG Credit Lines, Shipments, Market Commentary, Markets & Rain Days Update 1/29/24
Highlights Three American soldiers were killed Sunday and 34 were wounded in a drone strike against the U.S. military outpost Tower 22 in...
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Wright team
Jan 254 min read
Tidbits, Brazil Reindustrialization , Broilers & Ethanol, Markets & Rain Days Update 1/25/24
Highlights China reduced the required cash reserve of deposits for the nation’s banks, which allows the banks to loan a higher percentage...
Wright team
Jan 172 min read
Tidbits, Export Inspections, Markets & Rain Days Update 1/17/24
Tidbits Yesterday morning, USDA reported the sale of 126,700 mts of old crop corn to Mexico. NOPA December crush was a record at 193.5...
Wright team
Jan 44 min read
Tidbits, USDA Reports, HSBC Market Forecast, Markets & Rain Days Update 1/4/24
Market Comment The USDA will issue its monthly S&D, Quarterly Grains Stocks, final 2023 Crop Production and Actual Planted Acres of...
Wright team
Dec 14, 20234 min read
Tidbits, Fear Economy, Argentina, PPI, Broilers & Ethanol, Markets & Rain Days Update 12/14/23
Highlights Argentina devalued its currency while everyone was asleep Wednesday morning, which is when a devaluation should be done. The...
Wright team
Nov 15, 20234 min read
Tidbits, Inflation, Key Reversal, Markets & Rain Days Update 11/15/23
Highlights Late yesterday, the U.S. House of Representatives passed by a vote of 336-95 a temporary spending bill that would extend...
Wright team
Nov 12, 20233 min read
Tidbits, Brazil, Inflation & Market, Rain Days Update 11/12/23
Highlights On Friday, Iraq said it wants OPEC+ to cut oil production at OPEC’s November 26th meeting. Some speculators covered their...
Wright team
Nov 9, 20234 min read
Tidbits, Economy, Brazil, Estimates, Markets & Rain Days Update 11/9/23
Highlights The Producer Price Index (PPI) is the measure of inflation at the wholesale level and the Consumer Price Index (CPI) is the...
Wright team
Nov 2, 20234 min read
Tidbits, Broilers & Ethanol, Markets & Rain Days Update 11/2/23
Highlights Fears over a wider Middle East conflict continue to mount as Iran-backed Houthi rebels in Yemen claimed responsibility for...
Wright team
Nov 1, 20234 min read
Tidbits, Grain Insurance Revenue, Economy, China, Markets & Rain Days Update 11/1/23
Highlights Cash wheat export traders are saying China has probably bought more milling quality wheat this year than ever before. Their...
Wright team
Oct 28, 20235 min read
Tidbits, Oil, SAF, Economy, Markets & Rain Days Update 10/28/23
Highlights The EU Commissioner for Energy called an emergency meeting yesterday to discuss the possibility of a diesel supply shortage....
Wright team
Oct 23, 20234 min read
Tidbits, Ukraine, CO2 Ventures, Markets & Rain Days Update 10/23/23
Tidbits Argentina's ruling coalition did much better than expected to lead the country's general election and set the stage for a vote...
Wright team
Oct 22, 20234 min read
Tidbits, Argentina & Currency, Rain Days Update 10/22/23
Tidbits Louis Dreyfus Company (LDC) announced Friday the construction of a soybean processing plant in Upper Sandusky, Ohio with...
Wright team
Oct 20, 20234 min read
Tidbits, Crude Oil, Corn, Export Sales, Markets & Rain Days Update 10/20/23
Received 6:40 AM yesterday, thanks, Jason: "CHS Fairmont, MN soybean basis firmed from -.20 to + .5 today. Thanks for the great info...
Wright team
Oct 18, 20234 min read
Tidbits, GDP, Politics, Markets & Rain Days Update 10/18/23
House member Jim Jordan received 200 votes to be Speaker, but needs 217 to obtain speakership as 20 Republicans voted against Jordan....
Wright team
Oct 7, 20234 min read
Tidbits, Politics, Economy, Basis, Markets & Rain Days Update 10/7/23
Politics Not a word about Ukraine’s corruption and its links with US political figures the past 24 hours. Rep. Jim Jordan (R-Ohio) is the...
Wright Team
Sep 21, 20235 min read
Tidbits, Inventories, Soybeans Exports, Broilers & Ethanol, Markets & Rain Days Update 9/21/23
Highlights Federal Reserve Chairman Jerome Powell suggested interest rates will be “higher for longer” and could stay above 5% this year...
Wright Team
Sep 18, 20234 min read
Tidbits, Fertilizer, Diesel, China's Economy, Markets & Rain Days Update 9/18/23
Tidbits Mark has a friend near Oto in Woodbury County, Iowa who has cut two fields of beans. The first was 15 bu/ac, the second field 35...
Wright Team
Sep 15, 20234 min read
Tidbits, Currency, Drought Areas, Soybean Yields, Export Sales, Markets & Rain Days Update 9/15/23
Marketing Comment The soybean meal and soybean oil marketing years end September 30. As always, there are shipments previously bought to...
Wright Team
Sep 4, 20233 min read
Tidbits, US-China Debt, Rain Days Update 9/4/23
Highlights Rapidly forming El Niño conditions over the central and eastern Pacific Ocean have increased the probability of a strong...
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