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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...

Tidbits, October S&D Analysis, ENSO, CPI, Broilers & Ethanol, Markets & Rain Days Update 10/13/23

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...

Tidbits, Export Inspections, Markets & Rain Days Update 10/11/23

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...

Tidbits, Quarterly Stocks Estimates, Markets & Rain Days Update 9/27/23

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...

Tidbits, Yield Reports, Markets & Rain Days Update 9/25/23

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...

Tidbits, September S&D, DP & Other Contracts, Yields, Markets & Rain Days Update 9/13/23

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...

USDA August Grain S&D Report, Tidbits, Markets & Rain Days Update 8/12/23

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...

Tidbits, Inflation, Kevin Duling's S&D Comments, Export Sales, Markets & Rain Days Update 7/14/23

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...

Tidbits, USDA S&D Analysis, Broilers & Ethanol, Markets & Rain Days Update 7/13/23

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...

Tidbits, S&D Estimates, Markets & Rain Days Update 7/12/23

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...

Tidbits, USDA & Carryout, Rain Days Update 7/2/23

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...

Tidbits, USDA, Market Outlook, Markets & Rain Days Update 7/1/23

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...

Wright Team

Jun 30, 20231 min read

USDA June Inventory Numbers 6/30/23

Inventory of corn, wheat and beans less than expected. 35 Minutes after Report was released: July corn down -14 December corn -17 July...

Tidbits, S&D, Markets & Rain Days Update 6/10/23

Wright Team

Jun 10, 20233 min read

Tidbits, S&D, Markets & Rain Days Update 6/10/23

Highlights Yesterday’s mid-day GFS model run shifted towards the drier EU model with reduced probability of rain for Iowa, Illinois,...

Wright Team

Jun 9, 20231 min read

USDA Numbers 6/9/23

27 Minutes after Report was released: July corn down 8 July beans up 18 July CBOT wheat down 1 July KC wheat down 14 Sept Spring wheat...

BASIC & RECENT MARKET INFO

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