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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 26, 20244 min read
Tidbits, Russian Wheat, Fertilizer, ENSO, Export Inspections 3/26/24
Highlights Russian officials have halted the transport of loaded bushels sold by RIF, a top 2 exporter, due to quality issues. Market...
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 13, 20244 min read
Tidbits, Agricultural Outlook Forum, Brazilian and Argentine Crops, Export Inspections 2/13/24
AG Outlook Forum USDA's 100th Annual Agricultural Outlook Forum, Cultivating the Future will take place this Thursday and Friday (Feb...
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
Jan 30, 20244 min read
Tidbits, Options Money Flow, Export Inspections, Markets & Rain Days Update 1/30/24
Tidbits The Federal Open Market Committee (FOMC) has 12 members: the 7 members of the Board of Governors of the Federal Reserve, the...
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 17, 20242 min read
Tidbits, Export Inspections, Markets & Rain Days Update 1/17/24
Tidbits Yesterday morning, USDA reported the sale of 126,700 mts of old crop corn to Mexico. NOPA December crush was a record at 193.5...
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
Jan 3, 20243 min read
Tidbits, Export Inspections, Markets & Rain Days Update 1/3/24
Tidbits Dr. Michael Cordonnier reduced his Brazilian soybean production by 2 mil mts to 151 million. StoneX cut its estimate for Brazil's...
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
Dec 19, 20234 min read
Tidbits, CBOT Schedule, Export Inspections, Markets & Rain Days Update 12/19/23
Holiday CBOT Trading Hours Friday December 22: normal trading hours Sunday Dec 24: markets closed Monday Dec 25: markets closed Tuesday...
Wright team
Dec 12, 20234 min read
Tidbits, China Imports, Export Inspections, Markets & Rain Days Update 12/12/23
Highlights Early this morning, a land-based cruise missile launched from Houthi-controlled Yemen struck a commercial tanker vessel 60...
Wright team
Dec 5, 20234 min read
Tidbits, South America, Export Inspections, Markets & Rain Days Update 12/5/23
Highlights Benson-Quinn analysts reported yesterday morning: "North and Central Brazil caught 60% of the region. More scattered activity...
Wright team
Nov 28, 20234 min read
Tidbits, Corn Marketing, Export Inspections, Markets & Rain Days Update 11/28/23
Highlights Diego Meurer posted Monday morning: "I traveled 2300 km in the State of Mato Grosso Brazil and the scenario of soybean crops...
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