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Wright Team
Nov 10, 20221 min read
USDA S&D Numbers 11/9/22
USDA announced this morning the sale of: 264,000 mts of soybeans to China 198,000 mts of soybeans to unknown USDA Country Numbers: China...
Wright Team
Nov 9, 20223 min read
Tidbits, Highlights, Markets & Rain Days Update 11/9/22
USDA will release its monthly S&D today at noon, Eastern Time. We do not expect it to be a big market mover, but, after yesterday's...
Wright Team
Oct 13, 20224 min read
Highlights, USDA S&D, Markets & Rain Days Update 10/13/22
Highlights Yield Report from far west Iowa: I’d say a good chunk of western Iowa pretty much all of the river bottom corn is subpar. I...
Wright Team
Oct 12, 20222 min read
USDA October numbers 10/12/22
Neutral Corn Positive Beans Negative Wheat USDA announced 8 minutes after S&D was released today that 526,000 mt of beans were sold to...
Wright Team
Oct 12, 20224 min read
Highlights, ENSO, Export Inspections, Markets & Rain Days Update 10/12/22
Highlights China's Dalian futures exchange saw beans trade to a new contract high again Tuesday, the equivalent of US$21.16 per bushel....
Wright Team
Oct 2, 20223 min read
Highlights, Soybeans, Markets & Rain Days Update 10/1/22
Highlights The USDA increased the size of the 2021 soybean crop by 30 million bushels which put the September 1 soybean inventory 32...
Wright Team
Sep 30, 20221 min read
USDA Q3 Numbers 9/31/22
Bullish Corn Bearish Beans Confused Wheat USDA says wheat inventory exactly as the market expected. USDA also says the US produced 128...
Wright Team
Sep 30, 20223 min read
Highlights, USD, Export Sales, Markets & Rain Days Update 9/30/22
Highlights At 11 AM Central Time today, the USDA will issue the following reports: Today is the last day of the soybean meal and soy oil...
Wright Team
Sep 13, 20225 min read
Highlights, S&D, Export Inspections, Markets & Rain Days Update 9/13/22
September S&D The USDA unexpectedly reduced the domestic carryout for both corn and beans by four days' use and the wheat carryover was...
Wright Team
Sep 12, 20221 min read
USDA Numbers 9/12/22
USDA September Numbers are Friendly Corn Bullish Beans Neutral Wheat
Wright Team
Aug 13, 20224 min read
Highlights, S&D, Markets & Rain Days Update 8/13/22
Highlights The numbers we reported to you yesterday afternoon compared to what was expected were friendly for corn and negative for...
Wright Team
Aug 13, 20221 min read
USDA Numbers 8/12/22
Quite Friendly Corn US New Crop Carryout 1,388 mil. bu. 1,402 expected World New Crop Carryout 306.68 mil. mts. 312.4 expected Negative...
Wright Team
Jul 13, 20223 min read
Highlights, S&D, Weather, Locusts, Markets & Rain Days Update 7/13/22
Highlights Yesterday's USDA numbers were essentially neutral with a decidedly negative twist for the wheat. There was nothing in the...
Wright Team
Jul 13, 20221 min read
USDA July Numbers 7/12/22
Compared to what was expected, the numbers are slightly negative corn, neutral to friendly soybeans and negative wheat. Compared to the...
Wright Team
Jul 11, 20223 min read
Highlights, Export Inspections, Markets & Rain Days Update 7/12/22
Highlights The USDA will issue its monthly US and World S&D today at 10 Mountain Time. Benson-Quinn’s technical analysts say corn, wheat...
Wright Team
Jul 1, 20224 min read
USDA Acreage, Highlights, Export Sales, Markets & Rain Days Update 7/1/22
About USDA Acreage report Yesterday’s USDA numbers were neutral for corn, no matter what anybody tells you, those numbers were just about...
Wright Team
Jun 30, 20221 min read
USDA APA Numbers 6/30/22
Neutral Corn Bullish Beans Neutral Wheat Based upon average estimates expected. However, the corn market has way more acres priced-in...
Wright Team
Jun 30, 20221 min read
Last Comments Before USDA Reports 6/30/22
The expectation of an event will move the market more than the confirmation of that event. Buy the rumor and sell the fact, Sell the...
Wright Team
Jun 30, 20223 min read
Highlights, APA Expectations, Broilers & Ethanol, Markets & Rain Days Update 6/30/22
Highlights At 10 AM Mountain Time today, the USDA will release its Actual Planted Acres, Quarterly Grain Stocks and Wheat Production...
Wright Team
Jun 12, 20223 min read
Highlights, China's Wheat, USDA S&D, Markets & Rain Days Update 6/13/22
Highlights Jon Scheve is a grain market consultant whose weekly comments are posted on our website and, when they are posted, you should...
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