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Wright team
Apr 23, 20244 min read
Tidbits, Rains, Cattle, ENSO, Export Inspections 4/23/24
Highlights The seven days are expected to be very, very wet for the central US with heavy rain from Canada to Texas and from Nebraska...
Wright team
Apr 16, 20242 min read
Tidbits, Planting Progress, ENSO, Export Inspections 4/16/24
Tidbits Yesterday’s US retail sales for March were up 0.7%, 0.4% stronger than the market expected. Retail sales for February were...
Wright team
Apr 9, 20243 min read
Tidbits, Urea Market, Brazil & China, ENSO, Export Inspections 4/9/24
Highlights StoneX’s fertilizer guy, Josh Linville, reported yesterday afternoon India shocked the global urea market by cutting their...
Wright team
Apr 2, 20244 min read
Tidbits, Weather, ENSO, Feb Crush, Export Inspections 4/2/24
Highlights The Washington Post reported yesterday a person was infected with the bird flu in Texas who had contact with infected dairy...
Wright team
Mar 19, 20245 min read
Tidbits, Brazil Crops & Costs, Chinese Consumption, ENSO, Export Inspections 3/19/24
Highlights An early Monday morning shift in weather forecast increased precipitation the next 10 to 15 days for Mato Grosso, where most...
Wright team
Mar 12, 20244 min read
Tidbits, FSA Program, Farmers Protests, ENSO, Export Inspections 3/12/24
FSA Program News and Updates The 2024 ARC/PLC Program enrollment and election change deadline is March 15, 2024. To be enrolled in the...
Wright team
Mar 5, 20244 min read
Tidbits, SAF, Brazil, Chinese Imports & Economy, ENSO, Export Inspections 3/5/24
USDA will issue its monthly S&D Friday at 10 AM Mountain Time. It will be a non-event for US numbers. No production changes on US crops...
Wright team
Feb 27, 20243 min read
Tidbits, Brazil Crops, Argentine Economy, ENSO, Export Inspections 2/27/24
First notice day for deliveries on March CBOT contracts is this Thursday, which is usually an up day for markets after (usually) a down...
Wright team
Feb 21, 20244 min read
Tidbits, E15 Fuel, Ukraine's losses, Cocoa, ENSO, Export Inspections 2/21/24
Highlights Dr. Michael Cordonnier lowered his Brazilian soybeans production estimate to 145 mil mt (USDA 156), down 2 mil mts while...
Wright team
Feb 6, 20244 min read
Tidbits, Soybeans, Estimates S&D, ENSO, Export Inspections 2/6/24
Highlights Federal Reserve Chairman Powell reiterated Sunday night on 60 Minutes that interest rates will stay higher longer than...
Wright team
Feb 1, 20243 min read
Tidbits, ENSO, Cattle, Broilers & Ethanol, Markets & Rain Days Update 2/1/24
Highlights Front month corn and beans settled slightly higher yesterday after trading modestly lower most of the day and after a key...
Wright team
Jan 23, 20244 min read
Tidbits, ENSO, Market Tools, Export Inspections, Markets & Rain Days Update 1/23/24
Tidbits Strategic Farm Marketing lowered their Brazilian soybean crop estimate by 12 mil mts to 145 mil mt. (USDA 157). Weather will be...
Wright team
Jan 9, 20243 min read
Tidbits, ENSO, Export Inspections, Markets & Rain Days Update 1/9/24
Highlights Reuters Global Ag Reporter Karen Braun reported after the close yesterday: "CBOT soybeans have tumbled 4% so far in 2024,...
Wright team
Dec 27, 20234 min read
Tidbits, Market Comment, ENSO, Export Inspections, Markets & Rain Days Update 12/27/23
Highlights The claim early yesterday morning that Ukraine’s military attacked a Russian landing ship off the coast of Crimea turned out...
Wright team
Nov 22, 20234 min read
Tidbits, Brazil, ENSO, Markets & Rain Days Update 11/22/23
The CBOT will trade Friday from 8:30 AM to 12:05 PM Central time. It is against the law for any US futures exchange to be closed four...
Wright team
Nov 14, 20234 min read
Tidbits, Basis, ENSO Weather, Export Inspections, Markets & Rain Days Update 11/14/23
Market Comment From Russ, who is located in Central South Dakota very close to the North Dakota border: "Our area and surrounding areas...
Wright team
Nov 8, 20234 min read
Tidbits, Soybeans, Crude Oil, ENSO, Markets & Rain Days Update 11/8/23
Highlights Instead of writing about what caused the markets to fall out of bed yesterday and how terrible yesterday’s price action was...
Wright team
Oct 25, 20234 min read
Tidbits, Iowa Corn Basis, ENSO, Markets & Rain Days Update 10/25/23
Highlights Naomi Blohm of West Bend, WI is a Senior Market Advisor, commodity broker, speaker, with Total Farm Marketing by...
Wright team
Oct 13, 20233 min read
Tidbits, October S&D Analysis, ENSO, CPI, Broilers & Ethanol, Markets & Rain Days Update 10/13/23
Highlights Now that the October USDA report has been issued, we can be quite confident that the futures have made their lows for the...
Wright Team
Sep 28, 20234 min read
Tidbits, ENSO, Corn Price History, Broilers & Ethanol, Markets & Rain Days Update 9/28/23
A micro natural gas futures and options contract will begin trading on November 6th. The micro contract size will be 1,000 mbtu (million...
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