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Wright Team
Sep 14, 20223 min read
Highlights, CPI, Soybeans, ENSO, Markets & Rain Days Update 9/14/22
Highlights The CPI was reported yesterday morning was 8.3% versus the expected to be 8.0% for July 2022 compared to July 2021. The cost...
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...
Wright Team
Aug 10, 20225 min read
Highlights, Beans Basis, Markets & Rain Days Update 8/10/22
Highlights Yesterday morning, the USDA announced the sale of 133,000 mts of new crop corn to China DTN’s Digital Yield Tour says corn...
Wright Team
Aug 2, 20223 min read
Highlights, Taiwan, Ukrainian Grain, Crush Numbers, Markets & Rain Days Update 8/3/22
Highlights Nancy Pelosi’s plane arrived in Taiwan yesterday mid-morning just before beans tested their low for the day. The whole world...
Wright Team
Jul 27, 20226 min read
Highlights, Breakaway Gaps, Markets & Rain Days Update 7/27/22
Highlights This afternoon is the day interest rates are expected to be increased by 75 basis points (¾ of one percent) by the Federal...
Wright Team
Jul 18, 20227 min read
Highlights, Soybeans, Markets & Rain Days Update 7/18/22
Why Soybeans Will Make New Highs Two years ago, biofuel people were saying that within 3 to 5 years, the USA would not be exporting any...
Wright Team
Jul 13, 20223 min read
Highlights, S&D, Weather, Locusts, Markets & Rain Days Update 7/13/22
Highlights Yesterday's USDA numbers were essentially neutral with a decidedly negative twist for the wheat. There was nothing in the...
Wright Team
Jul 8, 20223 min read
Highlights, Weather, Broilers & Ethanol, Markets & Rain Days Update 7/8/22
Highlights Yesterday’s mid-day GFS model took more precipitation out of the morning’s already drier model run. The forecast for the...
Wright Team
Jun 21, 20223 min read
Highlights, ENSO, Ukrainian NG & Oil, Markets & Rain Days Update 6/21/22
Highlights CBOT corn and beans opened lower last night probably because a bit more rain in the 8 to 14 day forecast. There is a lot of...
Wright Team
Jun 8, 20223 min read
Ukrainian Grain, Planting Progress, Export Inspections, Markets & Rain Days Update 6/7/22
Highlights No sooner did we talk about how great the Corn Belt weather forecast is and the forecast changes to hot and dry. All this...
Wright Team
Jun 6, 20224 min read
Highlights, ENSO Weather & Prices, Markets & Rain Days Update 6/6/22
Highlights A Russian missile hit the port city of Mykolaiv. Ukraine initially said there was slight damaged a Cargill Grain facility....
Wright Team
Jun 4, 20224 min read
Highlights, Crude Oil, Diesel, Rain Days Update 6/5/22
Highlights In late April a ship loaded with 55,000 mt of Indian wheat left India to deliver the wheat to Turkey. When the vessel arrived...
Wright Team
May 23, 20223 min read
USD Strenght, Planting Progress, Export Inspections, Markets & Rain Days Update 5/24/22
USD gaining strenght The US dollar strength and a faltering euro have many analysts predicting the two currencies could reach parity this...
Wright Team
May 16, 20225 min read
Planting Progress, ENSO Update, Export Inspections, Put Options, Markets & Rain Days Update 5/17/22
Highlights The NOPA Crush Report for April released late yesterday morning was 169.79 million bushels. The market expected 172.37 million...
Wright Team
May 3, 20223 min read
CBOT Prices, ENSO, Put Options, Markets & Rain Days Update 05/04/2022
Highlights The market expects the Federal Reserve will increase interest rates this afternoon by a half to three-quarters of a percent....
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 4, 20222 min read
Tidbits, BC Vote, Markets & Rain Days Update 04/04/2022
You have never had the opportunity to buy soybeans and sell corn when the corn price was half of the beans price. We are pretty close: ...
Wright Team
Mar 8, 20223 min read
Ukraine & China Grains, USDA Inspections, ENSO, BC Vote, Markets Update & Rain Days 03/08/2022
Yesterday morning USDA announced the sale of: 66,000 mt of old crop soybeans to China. 66,000 mt of new crop soybeans to China The next...
Wright Team
Feb 7, 20223 min read
Tidbits & Rain Days 02/08/2022
After Total Farm Marketing (TFM) reported yesterday morning that StoneX had reduced South American soybean production by 30 million mt,...
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