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Wright Team
Mar 14, 20223 min read
Global Grains, Markets & Rain Days Update 03/14/2022
Yesterday afternoon, Argentina’s Ministry of Agriculture announced a suspension of export sales of soybean meal and soy oil. Supposedly,...
Wright Team
Mar 13, 20223 min read
US Embassy Attack, Argentina, Fertilizers, China Wheat, BC Vote & Rain Days Update 03/13/2022
Twelve ballistic missiles hit near the US consulate in Erbil in Northwestern Iraq Saturday (last) night. Tracking the trajectory of the...
Wright Team
Mar 12, 20222 min read
Negotiations & Economic Wars, Market Highs, Food Shortage, Market & Rain Days Update 03/12/2022
Yesterday morning, the USDA announced the sale of: 128,900 mts of old crop corn to unknown 264,000 mts of new crop soybeans to China Old...
Wright Team
Mar 10, 20223 min read
Soybean Production, Trades and Bans, Inflation, Export Sales, Markets & Rain Days Update 03/12/2022
Russian and Ukrainian Foreign Ministers met in Turkey yesterday. It was a waste of jet fuel and time. CONAB (Brazil’s USDA) lowered their...
Wright Team
Mar 10, 20224 min read
Exports, Harvest, Broilers & Ethanol, Markets Update & Rain Days 03/10/2022
The price outlook we have remains lower wheat into August with old and new corn and beans to make new highs in the May June time frame....
Wright Team
Mar 8, 20223 min read
Wheat, Corn Basis, Soybeans & Fuel Comments, Markets Update & Rain Days 03/09/2022
The USDA will issue its monthly S&D today at noon Eastern Time. USDA announced yesterday morning the sale of: 193,000 mts of new crop...
Wright Team
Mar 8, 20223 min read
Ukraine & China Grains, USDA Inspections, ENSO, BC Vote, Markets Update & Rain Days 03/08/2022
Yesterday morning USDA announced the sale of: 66,000 mt of old crop soybeans to China. 66,000 mt of new crop soybeans to China The next...
Wright Team
Mar 6, 20222 min read
Wheat, Russia, Market Update & Rain Days 03/07/2022
May Chicago wheat did open up the 85 cent limit. One hour after the market opened, 5,300+ May contracts were traded. After two hours,...
Wright Team
Mar 5, 20224 min read
Market News & Rain Days 03/05/2022
Once again, the Biden Administration is being pressured by Big Oil to eliminate the biofuel mandates to retard rising food prices. Yes,...
Wright Team
Mar 5, 20224 min read
Market News & Rain Days 03/06/2022
With the hot wheat market, there has been a lot more mention of MATIF wheat. Marché à Terme International de France (MATIF) is a former...
Wright Team
Mar 4, 20225 min read
Export Sales, Markets Update & Rain Days 03/04/2022
Yesterday morning the USDA announced export sales of: 66,000 mts of old crop soybeans to China 66,000 mts of new crop soybeans to China...
Wright Team
Mar 3, 20223 min read
Russia-Ukraine, Broilers and Ethanol, Markets Update & Rain Days 03/03/2022
Yesterday morning, the USDA reported the following sales: 198,000 mts of old crop soybeans to unknown 66,000 mts of new crop soybeans to...
Wright Team
Mar 2, 20225 min read
Markets Update & Rain Days 03/02/2022
Yesterday morning, USDA announced 264,000 mt of new crop soybeans were sold to China. The U.S. Ag Attache lowered his estimate of...
Wright Team
Mar 1, 20223 min read
Up-trend and Corrections, Negotiations, Export Inspections, Markets Update & Rain Days 03/01/2022
We do not see any reasonable possibility that corn, wheat and bean prices will not continue their up-trending prices until the Eastern...
Wright Team
Feb 28, 20223 min read
Black Sea Trade, Energy and Fertilizers, BC Vote, Markets Update & Rain Days 02/28/2022
Daily Report on February 28, 2022 March CBOT futures contracts have no daily trading limit today nor any day until they cease trading. Be...
Wright Team
Feb 26, 20223 min read
The War Is Not Over, Russia-Ukraine, Tidbits & Rain Days 02/27/2022
Daily Updates I reported to you Friday morning Ukraine's President Zelensky had surrendered and about half of Ukrainian military people...
Wright Team
Feb 25, 20223 min read
Fertilizers, Harvest, Russia-Ukraine, Market Data & Rain Days 02/26/2022
Daily Updates Even though the leadership of Ukraine asked Putin for terms of surrender Friday morning, many Ukrainian soldiers are...
Wright Team
Feb 24, 20225 min read
Futures Notes, Russia-Ukraine, Ethanol, Market Data & Rain Days 02/25/2022
First Notice Day for delivery assignments on March futures is Monday, February 28. Any long (buy) March CBOT contract could be assigned a...
Wright Team
Feb 24, 20223 min read
Russia-Ukraine, Rain Days, Market Data, Broiler Hatchery 02/24/2022
Russia-Ukraine From now on we will live in a new reality, the Russian economy will be damaged, diplomatic and trade relations with the...
Wright Team
Feb 24, 20223 min read
Vegetable Oils Risks, World Production, Export Inspection & Rain Days 02/23/2022
Yesterday morning, USDA announced sales of: 60,000 mt of old crop hard red winter wheat to Nigeria 60,000 mt of new crop had red winter...
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