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Wright team
Aug 29, 20246 min read
Tidbits, Contracts Roll Math & Options, OPEC+, Broilers & Ethanol 8/29/24
Highlights Statistics Canada reported yesterday the 2024 Canadian corn crop is 15.229 million mts, down 1.2% from last year. The average...
Wright team
Aug 22, 20245 min read
Tidbits, Wheat Hedge, ProFarmer IL & IA, Jobs Cut, ENSO, Broilers & Ethanol 8/22/24
Highlights ProFarmer Tour 2024 results for Illinois were up 5.4% year-on-year, topping the old tour high of 196.96 from 2014. USDA sees...
Wright team
Aug 15, 20245 min read
Tidbits, Consumer Inflation, Transportation Issues & Trades, Broilers & Ethanol 8/15/24
Highlights DTN lead analyst, Todd Hultman, said on August 12 during a webinar about S&D report: “Speculators in the corn market have been...
Wright team
Aug 8, 20243 min read
Tidbits, Crude Oil Demand, S&D Estimates, Broilers & Ethanol 8/8/24
Highlights Farmers and agronomists are sounding the alarm that Tar Spot is becoming quite a problem once again in the far Eastern Corn...
Wright team
Aug 1, 20243 min read
Tidbits, HAMAS, Corn Crops & Low, Broilers & Ethanol 8/1/24
Highlights The Federal Reserve Chairman, Jerome Powell, said the Fed may be ready to reduce interest in September as recent data added to...
Wright team
Jul 25, 20245 min read
Tidbits, Drones, PMI, Cotton Competition, Broilers & Ethanol 7/25/24
Tidbits The S&P 500 and NASDAQ Indexes were down on Wednesday and had its worst day since late 2022 due to a selloff in high-flying...
Wright team
Jul 18, 20244 min read
Tidbits, Hurricane, Stock Market, Broilers & Ethanol 7/18/24
Highlights Eric Snodgrass: "We use that term derecho when we’re talking about a storm system that produces damaging winds over at least a...
Wright team
Jul 11, 20244 min read
Tidbits, Marketing Service & Tools, S&D Estimates, Broilers & Ethanol 7/11/24
Marketing Service & Tools Many (most) agricultural marketing services provide information, but make no pricing recommendations. The eight...
Wright team
Jul 3, 20243 min read
Tidbits, Drought Monitor, ENSO, Broilers & Ethanol 7/4/24
The CBOT will start trading at 8:30 AM Central Time Friday. Highlights Soybean oil leaped higher yesterday, with August up 1.6¢ per...
Wright team
Jun 27, 20245 min read
Tidbits, Corn Carryover, CO2 Pipeline, Broilers & Ethanol 6/27/24
Highlights Yesterday was a painful day for those of us expecting this oversold corn market to recover a bit before tomorrow’s USDA Actual...
Wright team
Jun 21, 20245 min read
Tidbits, CBOT Options, Weather Forecast, Broilers & Ethanol 6/21/24
Highlights July CBOT options expire today. A week from today is the Actual Planted Acres, Wheat Production, and Quarterly Grain Inventory...
Wright team
Jun 13, 20244 min read
Tidbits, USDA June S&D, Broilers & Ethanol 6/13/24
Highlights Yesterday morning, the consumer price index for May was unchanged from April and up 3.3% for the past 12 months. Core CPI was...
Wright team
Jun 6, 20244 min read
Tidbits, Crop Estimates, Weather, Broilers & Ethanol 6/6/24
Highlights The weekly ethanol report numbers were supportive for corn prices, but the market ignored it. Ethanol production was the...
Wright team
May 31, 20243 min read
Tidbits, Economy, Russian Wheat, Broilers & Ethanol 5/31/24
Highlights The USA GDP for the first quarter was reported at 1.3% versus 1.2% estimate. Jobless claims were 219,000 to 218,000 expected...
Wright team
May 23, 20244 min read
Tidbits, Prices in China, Weather in Brazil, Broilers & Ethanol 5/23/24
Highlights June CBOT options expire tomorrow. Yesterday, China soybean futures traded at highs for the year at the equivalent of $15.27...
Wright team
May 16, 20244 min read
Tidbits, Robert Fico, Biodiesel, Broilers & Ethanol 5/16/24
Highlights Slovakia is a member of the EU and NATO. Its Prime Minister, Robert Fico, was shot yesterday morning US time by a 71-year-old...
Wright team
May 9, 20244 min read
Tidbits, Wheat Harvest Basis, Crude Oil, PMI, Broilers & Ethanol 5/9/24
Highlights Biden said late yesterday he will withhold weapons from Israel if it invades Rafah. Most news reports state Israel’s military...
Wright team
May 2, 20245 min read
Tidbits, Crush Report, Japanese Yen, Broilers & Ethanol 5/2/24
Highlights The Fed left rates unchanged at 5.5%. Fed Chair Jerome Powell said an interest rate hike was "unlikely" and that his baseline...
Wright team
Apr 25, 20245 min read
Tidbits, May Options, War Escalations, Broilers & Ethanol 4/25/24
Highlights Analysts expect a military operation by the Israeli Defense Force (IDF) will likely maintain upward pressure on the crude oil...
Wright team
Apr 18, 20244 min read
Tidbits, Dollar Index, Waterways, Sanctions and Tariffs, Broilers & Ethanol 4/18/24
Highlights The dollar index traded to 106.57 on Tuesday. Last Friday, the dollar index was at 104.30. In the world of exchange rates and...
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