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Wright team
Jun 1, 20244 min read
Tidbits, China's Food Security, Export Sales 6/1/24
Highlights The first crop condition report is expected Monday from USDA and the anticipation of high crop condition ratings for US corn,...
Wright team
May 24, 20243 min read
Tidbits, PMI & Economy, Brazil’s Harvest, Export Sales 5/24/24
Highlights We had good news about the US economy yesterday morning. S&P Global (an independent agency) reported yesterday morning that...
Wright team
May 17, 20243 min read
Tidbits, Wheat Tour & Puts, Weather Outlooks, Export Sales 5/17/24
Highlights Wheat Quality Council Tour: Kansas has biggest wheat crop since 2021 Estimated production 290 million bushels (USDA 267.9);...
Wright team
May 10, 20243 min read
Tidbits, Flooding in Brazil, Weather, China, Export Sales 5/10/24
Highlights The USDA’s May World Agricultural Supply and Demand Estimates (WASDE) report will be released today at 11 AM Central Time....
Wright team
May 3, 20243 min read
Tidbits, Corn and Soybeans Summary, Export Sales, Market & Rain Days Update 5/3/24
Highlights Reasons corn and beans were strong yesterday: After months of friendly to somewhat bullish fundamental tidbits and firming...
Wright team
Apr 26, 20243 min read
Tidbits, Inflation & Rates, Biologicals, Export Sales 4/26/24
Highlights The Commerce Department said yesterday morning the US economy’s gross domestic product increased at a 1.6% annualized rate in...
Wright team
Apr 19, 20243 min read
Tidbits, Fuel Pricing, Weather Forecast, Crop Estimates, Export Sales 4/19/24
Fuel Pricing Many of our clients use a lot of diesel fuel every month doing other things in addition to farming. We had recommended...
Wright team
Apr 12, 20242 min read
Tidbits, April S&D, Inflation, Ukraine, Export Sales 4/12/24
Tidbits Yesterday morning, the US Bureau of Labor Statistics reported inflation at the wholesale level in March was up 0.2%; the market...
Wright team
Apr 5, 20244 min read
Tidbits, Crude Oil, Wheat, Cocoa, Export Sales 4/5/24
Tidbits Yesterday morning, USDA announced the sale of 152,404 mts of old crop soybeans to Mexico. Datagro expects to see Brazil’s April...
Wright team
Mar 29, 20243 min read
Tidbits, USDA Numbers, Strategic Petroleum Reserve, Export Sales 3/29/24
CBOT Grain, CME Livestock and Dairy & NYMEX Energy Markets are closed on Friday March 29. Trade resumes normal evening session on Sunday...
Wright team
Mar 22, 20243 min read
Tidbits, Iowa Drought, EU, Cocoa, Out-of-the-Money Puts, Export Sales 3/22/24
Tidbits March U.S. manufacturing PMI (purchasing managers index) was better than expected at 52.5, services PMI was below expectation at...
Wright team
Mar 15, 20243 min read
Tidbits, Inflation, Presidential Elections in Russia, China's Сancellations, Export Sales 3/15/24
Highlights Presidential elections have begun in Russia, voting will last 3 days. There are 4 candidates running in the election....
Wright team
Mar 1, 20244 min read
Tidbits, Wildfires in Texas, Deliveries, Export Sales 3/1/24
Highlights Yesterday concluded the averaging of the Revenue Assurance. So far, the averages are $4.66 for corn, $11.56 for beans and...
Wright team
Feb 24, 20244 min read
Tidbits, Corn Contract Low, Fire at the Paranagua Port, Export Sales 2/24/24
Highlights March 2023 corn made a new contract low each of the last seven trading days. That did not happen even when Jimmy Carter...
Wright team
Feb 16, 20243 min read
Tidbits, Export Sales, January Crush 2/16/24
The CBOT will reopen Monday evening instead of Sunday evening in observance of Presidents’ Day. Tidbits NOPA soybean crush in January...
Wright team
Feb 9, 20243 min read
Tidbits, Export Sales, USDA February S&D, Interview with Vladimir Putin 2/9/24
S&D Highlights USDA made slight reductions to the demand side for 2023-24 marketing year for corn, beans and wheat, which increased...
Wright team
Feb 2, 20243 min read
Tidbits, Export Sales, EU Protests, Markets & Rain Days Update 2/2/24
Highlights Yesterday morning, the USDA reported the sale of 206,834 mts of old crop soybeans to Mexico. December bean crush was reported...
Wright team
Jan 26, 20244 min read
Tidbits, Export Sales, Markets & Rain Days Update 1/26/24
Highlights Soybeans suffered a serious round of profit-taking yesterday triggered by Brazil’s soybean February basis weakening by as much...
Wright team
Jan 20, 20245 min read
Tidbits, Spread Marketing, Export Sales, Markets & Rain Days Update 1/20/24
Tidbits Agroconsult sees Brazil’s bean crop at 153.8 mil mts, down from 158.8 in December (USDA 157). Panama Canal officials announced...
Wright team
Jan 12, 20244 min read
Tidbits, Yemen, Estimates, Inflation, Export Sales, Markets & Rain Days Update 1/12/24
At 10 AM Mountain Time today, the USDA will release its final 2023 Crop Production, Quarterly Grain Inventory as of December 1st, Actual...
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