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Wright team
3 days ago5 min read
Tidbits, South America, PPI 1/15/25
Highlights Weather in Argentina is the single most important factor for the price of soybeans from now until the rains start....
Wright team
Jan 74 min read
Tidbits, SA Crops, India Wheat, ENSO, Export Inspections 1/7/25
Tidbits Yesterday, March corn  traded over $4.60 for the first time since late June. South American weather is not improving, but make no...
Wright team
Dec 25, 20243 min read
Tidbits, Wheat Exports, Soybeans Summary 12/25/24
Tidbits Reuters Karen Braun reported Monday’s U.S. wheat inspections  for export were a 12-week high at 404,000 mts. Wheat inspections...
Wright team
Dec 24, 20245 min read
Tidbits, SA Weather & ENSO, Panama Canal, Hogs, Export Inspections 12/24/24
Highlights The Equatorial Pacific Surface Water temperature has dropped a half °C the past two reporting weeks and is now 1° below...
Wright team
Dec 13, 20245 min read
Tidbits, Inflation, Fuel, South America Estimates, Export Sales 12/13/24
Tidbits The U.S. Producer Price Index (PPI) was reported yesterday morning. It is the measure of inflation at the wholesale level. It was...
Wright team
Dec 12, 20245 min read
Tidbits, Inflation, South America Crops, S&D, Bullish Consensus, Broilers & Ethanol 12/12/24
Tidbits U.S. inflation  at the retail level increased 0.3% in November, the most in 7 months, but the Federal Reserve is still expected...
Wright team
Nov 23, 20246 min read
Tidbits, South American Soybean Situation, Farm Income 11/23/24
Tidbits Yesterday morning, the USDA announced the sale of 198,000 mts of old crop beans to unknown.  The USDA forecasts net farm income...
Wright team
Nov 19, 20245 min read
Tidbits, Dec Contracts, Cooking Oil, SA Crops, ENSO, Export Inspections 11/19/24
Highlights December basis contracts and long futures positions need to be liquidated or rolled by the close of business on Wednesday, 27...
Wright team
Apr 24, 20244 min read
Tidbits, Wheat, South America, PMI, SAF 4/24/24
Highlights Wheat has been the upside leader the past three trading days. What are analysts saying is moving the wheat market higher? The...
Wright team
Apr 11, 20242 min read
USDA April S&D and South American Production Numbers 4/11/24
The numbers were: Negative Corn Negative Beans Neutral Wheat 18 Minutes after the report: May corn -3 May beans -5 July CBOT wheat -7...
Wright team
Mar 28, 20245 min read
Tidbits, China, Brazil, The Andes, Broilers & Ethanol 3/28/24
At 10 AM Mountain Time today the USDA will release its Planting Intentions and Quarterly Grain Stocks Report. This is the second most...
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 13, 20234 min read
Tidbits, SA Yields, 2022 Urea Prices, Markets & Rain Days Update 2/13/23
Highlights The soybean fields of Argentina and Rio Grande do Sul (RGDS), Brazil’s southern state, had temperatures 100 to 104°F (38 to...
Wright Team
Jan 24, 20235 min read
Tidbits, SA Crops, Export Inspections, Markets & Rain Days Update 1/24/23
Highlights Hard red winter wheat led the wheat markets lower yesterday due to rain in the Southern Plains with more on rain tap. Beans...
Wright Team
Jan 10, 20233 min read
Tidbits, Meal Prices, SA Crops Estimate, Export Inspections, Markets & Rain Days Update 1/10/23
Highlights The Tech Guy was right and Roger was wrong. The USDA reports will be issued Thursday the 12th, not Friday the 12th. The dollar...
Wright Team
Jan 6, 20234 min read
Tidbits, About New Crop, SA Estimates, Broilers & Ethanol, Markets & Rain Days Update 1/6/23
About 2023 new crop Justin asked: "What’s your 2023 new crop recommendations? Will u be putting those out soon? Or do u wait until old...
Wright Team
Jan 4, 20234 min read
Tidbits, SA Weather & Crops, ENSO, Export Inspections, Markets & Rain Days Update 1/4/23
Tidbits Deliveries assigned for today by the CBOT are 654 soy oil to 28 December, 93 soybeans to 25 October, and zero bean meal to 9...
Wright Team
Jan 3, 20235 min read
Tidbits, SA Rains, Hedge & Stocks, Markets & Rain Days Update 1/3/23
We apologize for yesterday's email stating the price changes of the outside markets. Certainly some of you had a near heart attack when...
Wright Team
Dec 28, 20225 min read
Tidbits, Funds Positions, SA Crops, Export Inspections, Markets & Rain Days Update 12/28/22
Highlights Soybeans traded sharply higher yesterday morning, possibly for several reasons. China announced that they are lifting...
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