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Wright team
Apr 29, 20244 min read
Tidbits, Tornados, Weather, CO2, DP Free Storage 4/29/24
There were tornados in the Midwest on Friday and Saturday, most of which were from Oklahoma north into Iowa. We know many of our clients...
Wright team
Apr 23, 20244 min read
Tidbits, Rains, Cattle, ENSO, Export Inspections 4/23/24
Highlights The seven days are expected to be very, very wet for the central US with heavy rain from Canada to Texas and from Nebraska...
Wright team
Apr 19, 20243 min read
Tidbits, Fuel Pricing, Weather Forecast, Crop Estimates, Export Sales 4/19/24
Fuel Pricing Many of our clients use a lot of diesel fuel every month doing other things in addition to farming. We had recommended...
Wright team
Apr 2, 20244 min read
Tidbits, Weather, ENSO, Feb Crush, Export Inspections 4/2/24
Highlights The Washington Post reported yesterday a person was infected with the bird flu in Texas who had contact with infected dairy...
Wright team
Mar 31, 20242 min read
Tidbits, Weather, Economy, Corn Futures Indicators & Trends 3/31/24
Tidbits Last night’s 6 to 10 day NOAA weather forecast is calling for above and much above normal temperatures in the Corn Belt spreading...
Wright team
Mar 4, 20244 min read
Tidbits, OPEC Cuts, World Temperature, Deliveries 3/4/24
Highlights OPEC+ members agreed yesterday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter of...
Wright team
Mar 2, 20244 min read
Tidbits, Crush Numbers, Weather 3/2/24
Highlights The USDA reported the total crush numbers for January yesterday at 2 PM Central Time. The US processors crushed 195 mil bu of...
Wright team
Dec 30, 20234 min read
Tidbits, Wheat & Rice, Export Sales, Markets & Rain Days Update 12/30/23
Highlights Reuters News reported that Russia unleashed its biggest air attack of the war on Ukraine on Friday, cities and infrastructure...
Wright team
Dec 28, 20233 min read
Tidbits, Weather, Markets & Rain Days Update 12/28/23
Highlights For nearly two months, weather forecasts have predicted wetter weather “next week” for the dry area of Brazil’s main crop...
Wright team
Dec 18, 20234 min read
Tidbits, SAF, Weather Anomalies, Markets & Rain Days Update 12/18/23
Highlights It appears the weekend weather in Brazil was as hot and dry or worse than predicted in the areas which have suffered the most...
Wright team
Nov 14, 20234 min read
Tidbits, Basis, ENSO Weather, Export Inspections, Markets & Rain Days Update 11/14/23
Market Comment From Russ, who is located in Central South Dakota very close to the North Dakota border: "Our area and surrounding areas...
Wright team
Nov 11, 20234 min read
Tidbits, El Nino, Corn Situation, Markets & Rain Days Update 11/11/23
Two days ago, Roger reported the US government interest on the national debt was more than a billion dollars a year; Gary caught the...
Wright team
Oct 24, 20235 min read
Tidbits, Crop Progress, Brazil, Weather, Export Inspections, Markets & Rain Days Update 10/24/23
November CBOT options expire Friday. From far west Iowa, a little closer to Sioux City than Omaha, Andrew reported Saturday evening:...
Wright team
Oct 17, 20234 min read
Tidbits, Firm Basis, El Nino, Export Inspections, Markets & Rain Days Update 10/17/23
Highlights Crop progress: The nation’s corn crop is 45% harvested, 3% ahead of the 5 year average; the market expected 46%. The beans are...
Wright team
Oct 2, 20234 min read
Tidbits, Brazil, PMI, Crop Comment, Markets & Rain Days Update 10/2/23
Highlights Rain has fallen the past three days in the Brazilian states of Mato Grosso and Goias and the Brazilian National Weather...
Wright Team
Sep 29, 20233 min read
Tidbits, Drought Monitor, Hogs Report, Export Sales, Markets & Rain Days Update 9/29/23
Highlights The USDA will issue its Quarterly Grain Inventory and Small Grains Reports at 10 AM Mountain Time today. The corn and bean...
Wright Team
Sep 15, 20234 min read
Tidbits, Currency, Drought Areas, Soybean Yields, Export Sales, Markets & Rain Days Update 9/15/23
Marketing Comment The soybean meal and soybean oil marketing years end September 30. As always, there are shipments previously bought to...
Wright Team
Sep 12, 20235 min read
Tidbits, Weather, ENSO, Export Inspections, Markets & Rain Days Update 9/12/23
Market Comment The USDA will issue its September S&D today at 11:00 AM Central. This report will either make the low for the year on corn...
Wright Team
Sep 7, 20234 min read
Tidbits, Rains in China, Markets & Rain Days Update 9/7/23
Highlights Informa’s updated US yield numbers have corn at 177.5 vs. 175.1 in August with production at 15.395 billion vs. 15.111 in...
Wright Team
Sep 2, 20234 min read
Tidbits, Weather & Crops, Economy, Markets & Rain Days Update 9/2/23
Highlights For the seventh consecutive day, the USDA announced yesterday 198,000 tons of beans were sold to the unknown. The weather...
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