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Wright team
Jul 20, 20244 min read
Tidbits, IT Meltdown, Q&A: Basis Contract Alternatives, Wheat, Cattle on Feed 7/20/24
Highlights Bloomberg reported what may go down as the most spectacular IT meltdown the world has ever seen, which occurred yesterday, was...
Wright team
Jul 19, 20243 min read
Tidbits, Q&A: Corn Prices, Weather Outlook, Beans Demand, Export Sales 7/19/24
Highlights Yesterday morning, the USDA announced the sale of 510,000 mts of new crop soybeans and 150,000 mts of new crop soybean cake...
Wright team
Jul 10, 20244 min read
Tidbits, Q&A: Corn Contract, Labor Market, Palm Oil 7/10/24
Highlights Dr. Cordonnier left his yield and production estimates unchanged for US corn and beans. French Ag ministry first production...
Wright team
Jun 16, 20244 min read
Tidbits, Q&A on Marketing 6/16/24
Q&A Received 3 PM Central Wednesday 13 June 2024: If we are “lucky” enough to have old crop corn and beans, should we roll to August...
Wright team
Jun 12, 20244 min read
Tidbits, Weather Impact on Prices, Corn Highs & Lows 6/12/24
Q&A Question from from Travis: As we move forward with this current crop having very good crop ratings… when would you suggest we get rid...
Wright team
Jun 7, 20245 min read
Tidbits, Q&A: Market Reactions, Breakeven, Export Sales 6/7/24
Tidbits Diesel price fell for 8 straight weeks and has declined 33.5 cents per gallon since April 8. For the week ending June 3, the U.S....
Wright team
Jun 3, 20244 min read
Tidbits, OPEC, PMI, Q&A: Shorting Wheat 6/3/24
Highlights Yesterday, OPEC+ extended its “voluntary” production cuts through 2025 with the exception of the UAE. Thus, the UAE will...
Wright team
May 11, 20244 min read
Tidbits, USDA Numbers, May S&D, Geomagnetic Storm, Estimates Accuracy 5/11/24
Highlights USDA changes for South America: Argentina’s bean crop unchanged at 50 million mts. Brazil’s bean crop was reduced by 1 million...
Wright team
Mar 17, 20243 min read
Tidbits, Q&A: Market Plan, Russia-Ukraine, Asian Leaf Rust 3/17/24
Tidbits Odessa is the largest grain handling port on the Black Sea. It is in Southeast Ukraine. A Russian ballistic missile attack struck...
Wright team
Feb 4, 20244 min read
Tidbits, Q&A: Side Markets, Rain Days Update 2/4/24
Tidbits Two Ukrainian attack drones struck the largest oil refinery in southern Russia yesterday. Local authorities in Russia said that a...
Wright team
Feb 3, 20244 min read
Tidbits, Cocoa, Q&A: Funds' Shorts, Markets & Rain Days Update 2/3/24
Highlights Late yesterday US time, the US launched airstrikes against Iran-backed militias in Syria and Iraq as the Mideast war continues...
Wright team
Jan 2, 20244 min read
Tidbits, Marketing Q&A, Markets & Rain Days Update 1/2/24
Q&A: Marketing "Hi Roger, I’m a reader of your posts every morning, but can’t seem to get past that most of your posts are bullish,...
Wright team
Dec 25, 20233 min read
Tidbits, South American Soil, Rain Days Update 12/25/23
Tidbits Governor of Brazil’s state of Rondônia (NW of Mato Grosso) issued a decree Sunday declaring a state of emergency due to the worst...
Wright team
Dec 22, 20234 min read
Tidbits, US-Mexico Crossings, Edu: HTA & Roll, Export Sales, Markets & Rain Days Update 12/22/23
Highlights Mexico is the leading export destination for US corn, receiving from 21% to 32% of US corn exported annually in recent years....
Wright team
Nov 30, 20235 min read
Tidbits, Brazil, Q&A: Corn, Broilers & Ethanol, Markets & Rain Days Update 11/30/23
Highlights Eduardo Vanin 29 November 2023: "Brazilian corn is getting really expensive. Tenders, purchase tenders, went out to South...
Wright team
Nov 27, 20234 min read
Tidbits, Marketing Q&A, Markets & Rain Days Update 11/27/23
Highlights There continues to be major differences in the weather forecasts for the dry areas of Brazil. Midday Sunday, some forecasts...
Wright team
Nov 25, 20235 min read
Tidbits, Soybeans Q&A, Export Sales, Markets & Rain Days Update 11/25/23
Soybeans Q&A From a client in Central Missouri: "Good afternoon, Roger, What are your thoughts on why the bean market sold off this past...
Wright team
Nov 23, 20235 min read
Tidbits, Q&A: Options, Broilers & Ethanol, Markets & Rain Days Update 11/23/23
Highlights OPEC has postponed their Sunday meeting to consider production cuts. That news caused crude oil to sell-off over $3 yesterday...
Wright Team
Oct 10, 20234 min read
Tidbits, Yields, Ukraine Export, Q&A on Wheat, Markets & Rain Days Update 10/10/23
Highlights Two weeks ago, 8 out of 10 farmers we talked to said they were expecting less bushels per acre than a year ago. While they...
Wright team
Oct 3, 20235 min read
Tidbits, OPEC, Calls vs DP, Export Inspections, Markets & Rain Days Update 10/3/23
Highlights OPEC members, Nigeria and Iran, have been cheating on their crude oil quota the past two months while other OPEC members did...
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