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Tidbits, Rains, Cattle, ENSO, Export Inspections 4/23/24

Wright team

Apr 234 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...

Tidbits, Fuel Pricing, Weather Forecast, Crop Estimates, Export Sales 4/19/24

Wright team

Apr 193 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...

Tidbits, Weather, ENSO, Feb Crush, Export Inspections 4/2/24

Wright team

Apr 24 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...

Tidbits, Weather, Economy, Corn Futures Indicators & Trends 3/31/24

Wright team

Mar 312 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...

Tidbits, OPEC Cuts, World Temperature, Deliveries 3/4/24

Wright team

Mar 44 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 24 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...

Tidbits, Wheat & Rice, Export Sales, Markets & Rain Days Update 12/30/23

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...

Tidbits, Weather, Markets & Rain Days Update 12/28/23

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...

Tidbits, SAF, Weather Anomalies, Markets & Rain Days Update 12/18/23

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...

Tidbits, Basis, ENSO Weather, Export Inspections, Markets & Rain Days Update 11/14/23

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...

Tidbits, El Nino, Corn Situation, Markets & Rain Days Update 11/11/23

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...

Tidbits, Crop Progress, Brazil, Weather, Export Inspections, Markets & Rain Days Update 10/24/23

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:...

Tidbits, Firm Basis, El Nino, Export Inspections, Markets & Rain Days Update 10/17/23

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...

Tidbits, Brazil, PMI, Crop Comment, Markets & Rain Days Update 10/2/23

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...

Tidbits, Drought Monitor, Hogs Report, Export Sales, Markets & Rain Days Update 9/29/23

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...

Tidbits, Currency, Drought Areas, Soybean Yields, Export Sales, Markets & Rain Days Update 9/15/23

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...

Tidbits, Weather, ENSO, Export Inspections, Markets & Rain Days Update 9/12/23

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...

Tidbits, Rains in China, Markets & Rain Days Update 9/7/23

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...

Tidbits, Weather & Crops, Economy, Markets & Rain Days Update 9/2/23

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...

Tidbits, Basis Decision, Corn Outlook, ENSO, Export Inspections, Markets & Rain Days Update 8/8/23

Wright Team

Aug 8, 20234 min read

Tidbits, Basis Decision, Corn Outlook, ENSO, Export Inspections, Markets & Rain Days Update 8/8/23

Basis Decision The cash price paid to farmers is a function of futures and basis. You need to separate the day you price them because the...

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