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Wright Team
Apr 27, 20235 min read
Tidbits, New Crop Marketing, ENSO, Broilers & Ethanol, Markets & Rain Days Update 4/27/23
Your futures broker and your merchandiser want all May futures positions and basis contracts liquidated or rolled by the close of...
Wright Team
Apr 19, 20234 min read
Tidbits, Fertilizers, ENSO, Markets & Rain Days Update 4/19/23
Highlights Ukraine has reached an agreement with Poland on the resumption of the transit of Ukrainian food through Poland to the Baltic...
Wright Team
Apr 2, 20235 min read
Tidbits, Weather & ENSO Analysis, Rain Days Update 4/2/23
Tidbits The International Monetary Fund (IMF) approved a "disbursement" of $5.4 billion to Argentina on Friday. That is money down a...
Wright Team
Mar 29, 20233 min read
Tidbits, Economy & Politics, ENSO, Markets & Rain Days Update 3/29/23
Highlights There is a growing sense of relief and optimism that the banking shock is abating, the Federal Reserve’s vice chairman for...
Wright Team
Mar 25, 20233 min read
Tidbits, Russian Grain, Weather & ENSO, Markets & Rain Days Update 3/25/23
Highlights Russia’s Deputy Prime Minister Victoria Abramchenko told reporters after her report to the Duma (legislature), that Russia was...
Wright Team
Mar 9, 20234 min read
Tidbits, USDA S&D, US Jobs, ENSO, Broilers & Ethanol, Markets & Rain Days Update 3/9/23
Highlights The USDA’s domestic corn and world corn carryover projections were both larger than expected. Corn finished the day down 8 to...
Wright Team
Feb 8, 20234 min read
Tidbits, Basis Management, Meal Puts, Markets & Rain Days Update 2/8/23
Highlights The USDA monthly S&D and World Production reports will be issued today at 10 AM Mountain Time. Russian military units are...
Wright Team
Jan 20, 20234 min read
Tidbits, ENSO, Broilers & Ethanol, Markets & Rain Days Update 1/20/23
Highlights The UN Secretary-General who is at the annual World Economic Forum in Davos, Switzerland, said the world economy is in sad...
Wright Team
Jan 11, 20235 min read
Highlights, Economy, Soybean Meal Puts, Markets & Rain Days Update 1/11/23
Highlights The World Bank expects global economic growth to be 1.7% in 2023 and 2.7% in 2024 with the Russian economy to contract by 3.3%...
Wright Team
Jan 4, 20234 min read
Tidbits, SA Weather & Crops, ENSO, Export Inspections, Markets & Rain Days Update 1/4/23
Tidbits Deliveries assigned for today by the CBOT are 654 soy oil to 28 December, 93 soybeans to 25 October, and zero bean meal to 9...
Wright Team
Dec 29, 20226 min read
Highlights, Sell or not to Sell, Markets & Rain Days Update 12/29/22
Highlights Officials in Beijing increased public covid checks and locked-down some residential apartment complexes after the covid case...
Wright Team
Dec 20, 20223 min read
Tidbits, ENSO, Export Inspections, Markets & Rain Days Update 12/20/22
Highlights NPR reports China is dealing with the largest COVID surge of the pandemic with possibly 800 million cases. We all know there...
Wright Team
Dec 14, 20224 min read
Highlights, ENSO, Economy, SA Crops, Markets & Rain Days Update 12/14/22
Highlights The oil tanker traffic jam at the Black Sea entrance to the Dardanelles Strait and access to the rest of the world started to...
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...
Wright Team
Nov 26, 20223 min read
Tidbits, Banks Reserve, ENSO, Export Sales, Markets & Rain Days Update 11/26/22
Highlights All the crude oil traders saw or heard yesterday was more cases of covid infection in China than any time since the dark days...
Wright Team
Nov 11, 20224 min read
Tidbits, CBOT Lows, ENSO, Export Sales, Markets & Rain Days Update 11/11/22
Highlights Will grains and soybeans ever go up? After yesterday, that is the question millions of people want to know. If you just look...
Wright Team
Nov 1, 20224 min read
Highlights, Harvest, Export Inspections, Markets & Rain Days Update 11/1/22
Highlights The Russian Defense Ministry says movement of ships along Black Sea security corridor is unacceptable, but stresses Russia is...
Wright Team
Oct 27, 20223 min read
Tidbits, La Nina, Broilers & Ethanol, Markets & Rain Days Update 10/27/22
Highlights A surprise for the day is water levels on the Lower Mississippi are actually higher than they were last week. Somebody must...
Wright Team
Oct 20, 20223 min read
Tidbits, Broilers & Ethanol, Markets & Rain Days Update 10/20/22
Yield Report from Grand Forks County, Northeast North Dakota: "Best yielding beans, by far, I have ever grown. Yields are running 45 to...
Wright Team
Oct 12, 20224 min read
Highlights, ENSO, Export Inspections, Markets & Rain Days Update 10/12/22
Highlights China's Dalian futures exchange saw beans trade to a new contract high again Tuesday, the equivalent of US$21.16 per bushel....
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