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Wright team
Dec 23, 20244 min read
Tidbits, Q&A: Fuel & UAN, Farm Bill 12/23/24
Tidbits The grain markets will close at 12:05 PM CT this week Tuesday, December 24th. The markets will be closed all day on Wednesday,...
Wright team
Sep 22, 20244 min read
Tidbits, Market Action, Wheat, Urea Prices 9/22/24
Highlights The market action this week will be dominated by the looming: Dock workers’ strike on the US East and Gulf Coasts where 5 of...
Wright team
Sep 8, 20244 min read
Tidbits, The Low For The Year, Urea Prices 9/8/24
Market Comment After 4 to 6 days of gains, corn, wheat, and beans all closed lower Friday, which is a down day if the markets had been...
Wright team
Sep 1, 20244 min read
Tidbits, Crude Oil, Milk Production, Urea Prices 9/1/24
Highlights Late Saturday afternoon, three of Libya’s oilfields received instructions to resume production, engineers at the fields told...
Wright team
Aug 18, 20244 min read
Tidbits, ProFarmer Tour, Urea Prices, Carbon Language in Global Error 8/18/24
Tidbits The 3-day ProFarmer tour starts on Tuesday and will cover OH, IN, IL, IA, SD, NE and MN. State yield estimates will be issued...
Wright team
Aug 3, 20244 min read
Tidbits, Capturing the Carry, US Economy, Urea Market 8/3/24
Highlights On Wednesday, a giddy euphoria about the US economy prevailed on the “certain” prospects for lower interest rates in...
Wright team
Jul 28, 20244 min read
Tidbits, Q&A, China, Urea Report, FOB 7/28/24
Highlights Fears that China’s economy will falter and substantially reduce demand for imports of everything has been a consistent bearish...
Wright team
Jul 21, 20243 min read
Tidbits, CrowdStrike, China Urea, Q&A: Firm Basis 7/21/24
Highlights Early Friday morning CrowdStrike deployed a content update to its Falcon Sensor agents, which triggered a system-level error...
Wright team
Jul 12, 20244 min read
Tidbits, US Inflation, CONAB Estimates, Russian Fertilizers, Export Sales 7/12/24
Highlights The USDA will issue its July S&D at 11 AM Central time today. Yesterday morning, the government reported that inflation during...
Wright team
May 26, 20244 min read
Tidbits, Poultry Report, Kevin's Summary, Ukraine, Russia, Israel 5/26/24
Highlights On Friday, Safras and Mercado, a Global Agribusiness of Brazil, reduced their safrinha corn production estimate by 2.99 mil...
Wright team
Apr 17, 20244 min read
Tidbits, DAP, Brazil, China, Niger 4/17/24
Tidbits Open interest refers to the number of trade positions on the books. The past two days saw the largest increase in open interest...
Wright team
Apr 13, 20244 min read
Tidbits, Argentina, China, Fertilizer 4/13/24
Highlights The US stock markets took a thumping yesterday as JPMorgan and Wells Fargo both reported net interest income well below...
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
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 24, 20244 min read
Tidbits, Spec Funds Positions, Gevo & SAF 3/24/24
Tidbits World urea prices this past week were down ~4%, despite the Indian tender. Phosphate prices were mostly unchanged except Single...
Wright team
Mar 20, 20245 min read
Tidbits, Marketing Tools - Puts vs HTA, Fertilizers Prices, Cocoa 3/20/24
Tidbits The Director of Russian Foreign Intelligence Service says France is preparing to deploy 2,000 troops to Ukraine to help fight...
Wright team
Mar 16, 20243 min read
Tidbits, Beans February Crush, Wheat Production, Fertilizer Costs 3/16/24
Highlights NOPA posted a record February soybean crush by almost 20 mil bushels as new facilities come online and processors make up for...
Wright team
Mar 3, 20244 min read
Tidbits, Fertilizers, Charter Rates 3/3/24
Tidbits Crop input purchases in the USA accelerated the past week as the dry weather has allowed field work. That is the main reason urea...
Wright team
Jan 5, 20244 min read
Tidbits, Estimates, Urea, Broilers & Ethanol, Markets & Rain Days Update 1/5/24
Highlights The weather outlook for Brazil’s main growing area looks to be turning drier and warmer next week. Watch the number of rain...
Wright Team
Sep 18, 20234 min read
Tidbits, Fertilizer, Diesel, China's Economy, Markets & Rain Days Update 9/18/23
Tidbits Mark has a friend near Oto in Woodbury County, Iowa who has cut two fields of beans. The first was 15 bu/ac, the second field 35...
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