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Wright team
Dec 9, 20233 min read
Tidbits, December S&D, Markets & Rain Days Update 12/9/23
Highlights On yesterday’s S&D, the USDA: Reduced Brazil’s bean crop by 2 mil mts to 161 million mts. Soybean and corn production in...
Wright team
Dec 9, 20231 min read
USDA Numbers 12/8/23
The numbers are: Neutral corn A tad negative beans Friendly wheat 19 Minutes After Report was released: March corn -2 January beans 2 1/4...
Wright team
Nov 10, 20234 min read
Tidbits, Nov S&D, Export Sales, Markets & Rain Days Update 11/10/23
Farmer's Feedback We received this from BJ, a client, early Thursday morning: "The basis situation in NE Iowa is getting fun to watch. I...
Wright team
Nov 9, 20231 min read
USDA November Numbers 11/9/23
The numbers are: Bearish corn Do not panic sell anything. The worst is over. Negative beans Neutral Wheat 27 Minutes After Report was...
Wright team
Oct 13, 20233 min read
Tidbits, October S&D Analysis, ENSO, CPI, Broilers & Ethanol, Markets & Rain Days Update 10/13/23
Highlights Now that the October USDA report has been issued, we can be quite confident that the futures have made their lows for the...
Wright team
Oct 12, 20231 min read
USDA October Numbers 10/12/23
The numbers are: Friendly corn Bullish beans Neutral Wheat 30 Minutes After Report was released: December corn +8 November beans +40...
Wright team
Oct 11, 20234 min read
Tidbits, Export Inspections, Markets & Rain Days Update 10/11/23
Highlights USDA issues an Export Inspections Report the first business day of every week which reports the amounts of commodities loaded...
Wright team
Sep 29, 20231 min read
USDA Stocks Report Numbers 9/29/23
The 2022 corn for grain production is revised down 15 mil bu. Corn harvested for grain is revised to 79.1 million acres, down 100,000...
Wright Team
Sep 27, 20234 min read
Tidbits, Quarterly Stocks Estimates, Markets & Rain Days Update 9/27/23
Highlights Dr. Cordonnier cut his US corn yield estimate by 1.5 bu to 171.5 and reduced bean yields by a half bushel to 49.0. The...
Wright Team
Sep 25, 20234 min read
Tidbits, Yield Reports, Markets & Rain Days Update 9/25/23
Crop Feedback Jake has a marketing service in Wahpeton, North Dakota. He sent this information Sunday afternoon: "Hello Roger, I have...
Wright Team
Sep 13, 20236 min read
Tidbits, September S&D, DP & Other Contracts, Yields, Markets & Rain Days Update 9/13/23
Highlights The USDA numbers did not justify a 25 to 30¢ lower close on soybeans. The 50.1 bu yield was in line with expectations. The...
Wright Team
Sep 12, 20231 min read
September USDA Numbers 9/12/23
Negative corn and beans, Friendly Wheat 18 Minutes After Report was released: December corn -10 November beans -16.75 December CBOT wheat...
Wright Team
Aug 12, 20234 min read
USDA August Grain S&D Report, Tidbits, Markets & Rain Days Update 8/12/23
USDA S&D Report Analysis Corn and soybean yields were less than expected and less than last month. Corn and soybean production numbers...
Wright Team
Aug 11, 20231 min read
USDA August Numbers 8/11/23
Better than expected for price outlook of corn and beans. Not so bad for wheat prices. USDA Supply and Demand Highlights for 11 August...
Wright Team
Jul 14, 20235 min read
Tidbits, Inflation, Kevin Duling's S&D Comments, Export Sales, Markets & Rain Days Update 7/14/23
Highlights After Wednesday’s less than expected retail inflation report for June at 0.2%, yesterday’s inflation at the wholesale level...
Wright Team
Jul 13, 20233 min read
Tidbits, USDA S&D Analysis, Broilers & Ethanol, Markets & Rain Days Update 7/13/23
S&D Analysis Corn After close study of yesterday’s USDA corn S&D, it was not nearly as bearish as it appeared to us nor as bearish as the...
Wright Team
Jul 12, 20231 min read
July USDA Numbers 7/12/23
One Hour After Report was released: Sept corn down -16 December corn -15 August beans -28 November beans -33 Sept CBOT wheat -19 Sept KC...
Wright Team
Jul 12, 20233 min read
Tidbits, S&D Estimates, Markets & Rain Days Update 7/12/23
Highlights Early yesterday morning, Russians attacked the Port in Odessa, Ukraine largest grain shipping port, with Iranian...
Wright Team
Jul 2, 20233 min read
Tidbits, USDA & Carryout, Rain Days Update 7/2/23
Highlights Before Friday’s Actual Planted Acreage Report, USDA projected the new crop soybean marketing year, the USA would consume and...
Wright Team
Jul 1, 20234 min read
Tidbits, USDA, Market Outlook, Markets & Rain Days Update 7/1/23
Highlights Do not be selling or pricing any corn. Weather is far more important than acres and world weather is out of whack. Weather...
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