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Wright team
Jul 5, 20244 min read
Tidbits, Weather, Palm Oil, Export Sales 7/6/24
Highlights August board crush margin jumped 15½¢ yesterday; that is 15½¢ more profit per bushel of beans crushed. July corn settled ¾ of...
Wright team
Jul 3, 20243 min read
Tidbits, Drought Monitor, ENSO, Broilers & Ethanol 7/4/24
The CBOT will start trading at 8:30 AM Central Time Friday. Highlights Soybean oil leaped higher yesterday, with August up 1.6¢ per...
Wright team
Jul 2, 20243 min read
Tidbits, Floods, Palm Oil, BRICS 7/3/24
Highlights The flooding on the Mississippi is worse than initially thought. It now looks like the entire Mid-Mississippi north of mile...
Wright team
Jun 28, 20243 min read
Tidbits, July Deliveries, Weather, Export Sales 6/28/24
Highlights At 11 AM Central Time today, the USDA will release its Actual Planted Acres, Quarterly Grain Inventory as of June 1st, and US...
Wright team
Jun 24, 20244 min read
Tidbits, Weather, Wheat Basis 6/24/24
Highlights Weather in the crop areas of North America remains in the world's headline for grains and oilseeds followed by South American...
Wright team
Jun 23, 20244 min read
Tidbits, Mato Grosso, Rainfall, North Korea 6/23/24
The CFTC did not issue its COT report Friday afternoon due to the holiday last week. The COT will be released Monday afternoon. We will...
Wright team
Jun 22, 20244 min read
Tidbits, Rainfall, Green Energy, Export Sales 6/22/24
Highlights The BN and UP railroads are holding-up rail traffic at the US/Mexico border, which may have stopped all corn by rail to Mexico...
Wright team
Jun 21, 20245 min read
Tidbits, CBOT Options, Weather Forecast, Broilers & Ethanol 6/21/24
Highlights July CBOT options expire today. A week from today is the Actual Planted Acres, Wheat Production, and Quarterly Grain Inventory...
Wright team
Jun 17, 20244 min read
Tidbits, Weather, Hammersmith's Summary, Crude Oil 6/17/24
Announcements The National Oilseed Processors Association (NOPA) crush for May will be released around noon today. It is expected to be a...
Wright team
Jun 12, 20244 min read
Tidbits, Weather Impact on Prices, Corn Highs & Lows 6/12/24
Q&A Question from from Travis: As we move forward with this current crop having very good crop ratings… when would you suggest we get rid...
Wright team
Jun 9, 20244 min read
Tidbits, Soybeans: Futures or Options, Weather 6/9/24
Tidbits The first heat wave of the year continued the third day in the U.S. Southwest on Saturday after setting record highs well above...
Wright team
Jun 6, 20244 min read
Tidbits, Crop Estimates, Weather, Broilers & Ethanol 6/6/24
Highlights The weekly ethanol report numbers were supportive for corn prices, but the market ignored it. Ethanol production was the...
Wright team
Jun 5, 20244 min read
Tidbits, Weather, Export News, Crude Oil 6/5/24
Highlights Rain moved across ND and SD yesterday and delivered heavy rain and storms to already waterlogged Minnesota, where flooding is...
Wright team
Jun 2, 20243 min read
Tidbits, Acid Rain, Chinese Grain Prices 6/2/24
Acid Rains Twenty or so years ago, acid rain, according to the world’s governments and environmentalists, was going to kill us all. Acid...
Wright team
May 25, 20244 min read
Tidbits, La Niña, China & Taiwan, Trade War 5/25/24
Highlights Rice is the top competitor with wheat in the world marketplace and in the domestic markets of Asia. India and China are the...
Wright team
May 23, 20244 min read
Tidbits, Prices in China, Weather in Brazil, Broilers & Ethanol 5/23/24
Highlights June CBOT options expire tomorrow. Yesterday, China soybean futures traded at highs for the year at the equivalent of $15.27...
Wright team
May 22, 20244 min read
Tidbits, Wheat Basis, Frosts in Ukraine, Chinese Imports 5/22/24
Highlights Recent frosts in Ukraine have not caused significant damage to grain and oilseed crops, a state weather forecaster said on...
Wright team
May 17, 20243 min read
Tidbits, Wheat Tour & Puts, Weather Outlooks, Export Sales 5/17/24
Highlights Wheat Quality Council Tour: Kansas has biggest wheat crop since 2021 Estimated production 290 million bushels (USDA 267.9);...
Wright team
May 10, 20243 min read
Tidbits, Flooding in Brazil, Weather, China, Export Sales 5/10/24
Highlights The USDA’s May World Agricultural Supply and Demand Estimates (WASDE) report will be released today at 11 AM Central Time....
Wright team
May 4, 20244 min read
Tidbits, Crude Oil & Dollar, Brazil Weather 5/4/24
Highlights December corn closed above its 100-day moving average on Thursday, which attracted more technical buying on Friday. Non-farm...
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