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Wright team
2 days ago5 min read
Tidbits, Global Estimates, Fertilizers, Spring Weather, Broiler & Ethanol 2/21/25
Highlights March CBOT options expire today which usually means lower prices. The expected hot weather in Argentina this weekend sent...
Wright team
Feb 135 min read
Tidbits, Soybeans & Meal, Truce, CPI, Basis Firming, Broilers & Ethanol 2/13/25
Agriculture futures markets are closed Monday, President’s Day. Highlights Was yesterday’s soybean action  the signal that the market has...
Wright team
Feb 66 min read
Tidbits, China, SA Crops, US Trade, Broilers & Ethanol 2/6/25
Highlights China’s government and financial sectors returned to work yesterday after the Lunar New Year holiday. Equity and commodity...
Wright team
Jan 306 min read
Tidbits, SA Crops, Gov Spending, Broilers & Ethanol 1/30/25
Highlights 247AG weather predicts South American weather will be wet in the north, where they do not want it and dry in the south where...
Wright team
Jan 245 min read
Tidbits, Argentine Crops & Taxes, SAF & Farm Acts, Broilers & Ethanol 1/24/25
Tidbits Crop conditions in Argentina  continue to get worse. Soybeans are rated 28% poor condition vs. 21% last week and 14% a year ago....
Wright team
Jan 165 min read
Tidbits, NOPA Crush, Wheat, Crude, Consensus, Broiler & Ethanol 1/16/25
Highlights NOPA crush  in December was 206.604 million bushels, up 7% from November and up 6% from a year ago. This is the largest...
Wright team
Jan 95 min read
Tidbits, Soybean Seasonal, Economy, Broilers & Ethanol 1/9/25
Due to a National Day of Mourning for former President Jimmy Carter, equity and stock option markets will be closed today. Agricultural...
Wright team
Jan 35 min read
Tidbits, Selling Q&A, Nov Crush, Broilers & Ethanol 1/3/25
Highlights The USDA released its November crush numbers yesterday after the close:Â Soybean crush was 210 million bu., 10 million more...
Wright team
Dec 28, 20244 min read
Tidbits, Corn, Crude Oil, Broilers & Ethanol, Export Sales 12/28/24
Tidbits March corn settled a quarter cents higher yesterday, but higher none-the-less for the sixth consecutive day.  More importantly,...
Wright team
Dec 19, 20245 min read
Tidbits, Soybean Selling, Real, Fed Rate, Broilers & Ethanol 12/19/24
Tidbits Computer selling  completely got out of hand yesterday. It all started because the market continues to expect the largest ever...
Wright team
Dec 12, 20245 min read
Tidbits, Inflation, South America Crops, S&D, Bullish Consensus, Broilers & Ethanol 12/12/24
Tidbits U.S. inflation  at the retail level increased 0.3% in November, the most in 7 months, but the Federal Reserve is still expected...
Wright team
Dec 5, 20246 min read
Tidbits, Premium Option Contracts, South America Crops, Bullish Consensus, Broilers & Ethanol 12/5/24
Tidbits Yesterday morning, the USDA reported the sale of 30,000 mts of old crop soybean oil and 35,000 mts of rice to South Korea. Â ...
Wright team
Nov 28, 20245 min read
Tidbits, Tariffs, Green Diesel, Bullish Consensus, Broilers & Ethanol 11/28/24
Tidbits Yesterday morning, the USDA announced the sale of 132,000 mts of old crop soybeans to China.  The 2 to 5 trading days before...
Wright team
Nov 21, 20245 min read
Tidbits, Debt, Crude Oil, Bullish Consensus, Broilers & Ethanol 11/21/24
Tidbits Yesterday morning, the USDA announced the sale  of: 202,000 mts of old crop soybeans to China 226,200 mts of old crop soybeans to...
Wright team
Nov 15, 20245 min read
Tidbits, Tariffs, Brazil Crops, Wheat Production, Broilers & Ethanol 11/15/24
Highlights This news report was what kicked soybeans in the head late yesterday morning: a bill to revoke China's (most favored) trade...
Wright team
Nov 7, 20246 min read
Tidbits, Trump, S&D Estimates, Brazil & Argentina Crops, Broilers & Ethanol 11/7/24
Highlights Leaders of foreign countries who sell products to the U.S. markets, are scurrying to prepare to deal with President Trump’s...
Wright team
Oct 31, 20245 min read
Tidbits, China Soybean Imports, U.S. Economy, Broilers & Ethanol 10/31/24
Highlights Yesterday morning, the USDA reported the sale of: 132,000 mts of old crop soybeans to China 132,000 mts of old crop soybeans...
Wright team
Oct 24, 20245 min read
Tidbits, Nov Beans Roll, US Economy, BRICS, Broilers & Ethanol 10/24/24
Highlights Yesterday morning, the USDA announced the sale  of: 130,000 mts of old crop soybeans to China 259,000 mts of old crop soybeans...
Wright team
Oct 18, 20244 min read
Tidbits, Economy, Milton Damage, Trade Deficit, Broilers & Ethanol 10/18/24
Highlights U.S. retail sales rose 0.4% last month after a 0.1% gain in August, the Census Bureau reported yesterday. The market expected...
Wright team
Oct 10, 20245 min read
Tidbits, Oils, Estimates, Weather, Brazil-Mexico, Broilers & Ethanol 10/10/24
Highlights The U.S. Energy Information Administration (EIA) weekly report highlights: U.S. ethanol production was up; market expected it...
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