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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 1, 20245 min read
Tidbits, Q&A: HTA Contract, Canada's Export 12/1/24
Highlights Trump’s newly appointed counterterrorism adviser, Sebastian Gorka, says Trump plans to end the Ukraine war by threatening to...
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 12, 20245 min read
Tidbits, Weather Forecasting, Brazil, ENSO, Wheat 11/12/24
Tidbits Weekly Export Inspections will be released today at 10:00 a.m. CDT. Crop Progress and Conditions will be released after the close...
Wright team
Oct 19, 20244 min read
Tidbits, DP, Drought, Export Sales 10/19/24
Highlights Yesterday morning, the USDA announced the sale of: 21,000 mts of old crop soybean oil to Mexico 125,000 mts of old crop corn...
Wright team
Oct 10, 20245 min read
Tidbits, Oils, Estimates, Weather, Brazil-Mexico, Broilers & Ethanol 10/10/24
Highlights The U.S. Energy Information Administration (EIA) weekly report highlights: U.S. ethanol production was up; market expected it...
Wright team
Oct 9, 20244 min read
Tidbits, Crude Oil, Hurricane 10/9/24
Highlights The river gauge at Memphis will restrict barge drafts by October 13th if no rain comes this week. Weather Monday night poured...
Wright team
Oct 6, 20244 min read
Tidbits, Corn Price History, USDA’s Wheat Production, Hurricane 10/6/24
Tidbits The Spec funds and the Index funds were net buyers of corn, soybeans and all three classes of wheat on the Commitment of Traders...
Wright team
Sep 20, 20245 min read
Tidbits, Pre-Hedging, IGC’s Outlook, Precipitation, Export Sales 9/20/24
Highlights The International Grains Council (IGC) predicts record large global grain production and record large global consumption for...
Wright team
Sep 15, 20244 min read
Tidbits, Rain Days, China Imports 9/15/24
Highlights It is unusual that no rain has fallen nor predicted by the middle of September for Rondonópolis, an area in Brazil's top grain...
Wright team
Sep 11, 20244 min read
Tidbits, Hurricane, September S&D Estimates, ULSD Spread 9/11/24
Highlights The U.S. Gulf Coast is bracing for the tropical storm Francine. It is expected to become a category 2 hurricane and make...
Wright team
Aug 25, 20244 min read
Tidbits, ProFarmer Estimates, Union Strikes, Oceans, Urea Prices 8/25/24
Highlights Cease-fire negotiations for the Israel-Hamas war are set to begin today in Cairo. Israel has accepted a “bridging” agreement...
Wright team
Aug 16, 20244 min read
Tidbits, NOPA Crush, Ports, Crop Estimates, Weather, Export Sales 8/16/24
Highlights NOPA members crushed 182.881 million bushels of soybean in July, which was 442,400 bushels more than the market expected. That...
Wright team
Jul 31, 20244 min read
Tidbits, Rain Makes Grain, China, Deliveries 7/31/24
Highlights The grain industry has been bad-mouthing China’s economic outlook which the grain industry says will greatly reduce China’s...
Wright team
Jul 23, 20245 min read
Tidbits, Weather, Crop Conditions, ENSO, Export Inspections 7/23/24
Highlights August options expire this Friday. All July basis contracts and long July CBOT futures positions must be rolled or priced no...
Wright team
Jul 19, 20243 min read
Tidbits, Q&A: Corn Prices, Weather Outlook, Beans Demand, Export Sales 7/19/24
Highlights Yesterday morning, the USDA announced the sale of 510,000 mts of new crop soybeans and 150,000 mts of new crop soybean cake...
Wright team
Jul 18, 20244 min read
Tidbits, Hurricane, Stock Market, Broilers & Ethanol 7/18/24
Highlights Eric Snodgrass: "We use that term derecho when we’re talking about a storm system that produces damaging winds over at least a...
Wright team
Jul 14, 20243 min read
Tidbits, Donald Trump, Weather, Brazil 7/14/24
Highlights In this business, when something unusual happens, such as yesterday’s assassination attempt on Donald Trump, one must consider...
Wright team
Jul 9, 20243 min read
Tidbits, Weather, Crop Conditions, ENSO, Export Inspections 7/9/24
Highlights The first sentence of yesterday’s report was: "Sunday’s weather forecast indicates remnants of Hurricane Beryl will probably...
Wright team
Jul 8, 20243 min read
Tidbits, Weather 7/8/24
Highlights Sunday’s weather forecast indicates remnants of Hurricane Beryl will probably bring some rain to the Eastern Corn Belt over...
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