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Wright Team
May 7, 20234 min read
Tidbits, Economy, Safrinha Crop, Fuel, Rain Days Update 5/7/23
Highlights Wheat harvest in Central Kansas started yesterday. They must have had some pretty dry weather… This is when wheat harvest...
Wright Team
Apr 24, 20235 min read
Tidbits, Corn Spread, SAF, Markets & Rain Days Update 4/24/23
Highlights Russia said Sunday it will not approve any new vessels to load Ukrainian grain unless their operators guarantee the transits...
Wright Team
Apr 22, 20233 min read
Tidbits, Q&A: Crop Pricing, Markets & Rain Days Update 4/22/23
About pricing under breakeven From Kyle (and much the same from many folks yesterday midday): "Do I contract new crop at a price under my...
Wright Team
Apr 3, 20233 min read
Tidbits, Fuel, Markets & Rain Days Update 4/3/23
Highlights A major winter storm is expected April 3 to 5 from the Central Rockies to the Northern Plains and Upper Midwest, bringing...
Wright Team
Mar 21, 20234 min read
Tidbits, Banks, Diesel, Basis Lock-In, Export Inspections, Markets & Rain Days Update 3/21/23
Highlights The stock value of First Republic Bank (FRB) slid to an all-time low yesterday after S&P Global lowered FRB’s credit rating...
Wright Team
Mar 16, 20234 min read
Tidbits, Crude Oil, Fuel, Broilers & Ethanol, Markets & Rain Days Update 3/16/23
Highlights Crude oil traded 80¢ to $1.22 higher most of Tuesday evening to about the start of the business day in Europe. Crude oil...
Wright Team
Mar 15, 20233 min read
Tidbits, Markets & Rain Days Update 3/15/23
Tidbits Yesterday morning, the USDA announced the sale of 612,000 mts of old crop corn to China. While it is important the US sold that...
Wright Team
Mar 6, 20235 min read
Tidbits, Hedging Fuel & Fertilizers, Markets & Rain Days Update 3/6/23
Highlights On Sunday, China’s National Development & Reform Commission reported to the annual meeting of parliament the broad goals and...
Wright Team
Mar 5, 20233 min read
Tidbits, Fuel, Fertilizers, Rain Days Update 3/5/23
Highlights Agrinvest considers the 2022 global corn crop the biggest failure since 1996. Crops failed in parts of the US, Europe, Ukraine...
Wright Team
Feb 22, 20233 min read
Tidbits, SAF, SA Crop Estimates, Export Inspections, Markets & Rain Days Update 2/22/23
Highlights United Airlines announced yesterday it launched a $100-million investment to support start-up companies developing and...
Wright Team
Feb 19, 20234 min read
Tidbits, Cordoba Frost, Fuel Recommendations, Alan Bonifas, Rain Days Update 2/19/23
Yesterday morning: frost in Cordoba, Argentina. That is corn in the background. No information of how widespread or how serious the...
Wright Team
Feb 6, 20234 min read
Tidbits, India & Adani Group, Av. Diesel Price, Markets & Rain Days Update 2/6/23
Highlights Adani Group is an Indian multinational conglomerate. It was founded by Gautam Adani in 1988 as a commodity trading business....
Wright Team
Feb 2, 20234 min read
Tidbits, Veg Oils, SAF, Corn Spreads, Broilers & Ethanol, Markets & Rain Days Update 2/2/23
Highlights The Federal Reserve increased its base interest rate 25 basis points (one-fourth of 1%) yesterday as expected. The market...
Wright Team
Jan 31, 20236 min read
Tidbits, SAF Questions, Export Inspections, Markets & Rain Days Update 1/31/23
Highlights Mato Grosso (MT) grows 30+% of Brazil corn and beans. It is 2.5 times the size of Texas. Its soybean harvest is 13.6% complete...
Wright Team
Jan 22, 20233 min read
Tidbits, SAF, Rain Days Update 1/22/23
Highlights Rains of 1 to 3 inches (2.5 to 7.5 cm) Friday night through Saturday covered most of Argentina’s crop areas, namely the...
Wright Team
Jan 9, 20234 min read
Highlights, Soybean Meal, SA Crops, Fuel, Markets & Rain Days Update 1/9/23
Highlights Last month, insurance companies said they would add war risk to the ships in the Black Sea as of January 1st. Last week, the...
Wright Team
Nov 25, 20225 min read
Tidbits, Fuel, Markets & Rain Days Update 11/25/22
Highlights The EU plans to apply price caps on natural gas prices have hit a dead-end for the fourth time this year after EU energy...
Wright Team
Nov 4, 20224 min read
Tidbits, Fuel, Export Sales, Markets & Rain Days Update 11/4/22
Highlights Yesterday morning, CBOT wheat went from about 15 lower to unchanged in about ten minutes. The reason was the latest round of...
Wright Team
Oct 29, 20223 min read
Tidbits, Crude Oil, Markets & Rain Days Update 10/29/22
Highlights Yesterday morning, the USDA announced the sale of: 126,000 mts of soybeans to China 198,000 mts of soybeans to Spain Tidbits...
Wright Team
Oct 24, 20222 min read
Tidbits, Fuel, Cropland Value, Markets & Rain Days Update 10/24/22
Tidbits The weather has been so dry, harvest will soon be over and the basis will firm much sooner than normal. The corn basis has...
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