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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...
Wright Team
Jul 22, 20234 min read
Tidbits, Corn Price Outlook, Cattle, Fertilizers, Markets & Rain Days Update 7/22/23
Highlights Russia attacked the two primary grain terminals of Ukraine for the fourth night in a row. The governor of Odessa said that two...
Wright Team
Jul 17, 20234 min read
Tidbits, Markets & Rain Days Update 7/17/23
We have seen first-hand several soybean fields in Illinois and Indiana with yellow spots, like one would see in early September as the...
Wright Team
Jul 16, 20234 min read
Tidbits, Weather, ENSO, Rain Days Update 7/16/23
Highlights Tonight’s opening prices will probably be primarily influenced by news about the Ukraine Corridor Deal which expires at...
Wright Team
Jul 7, 20233 min read
Tidbits, Drought Areas, Broilers & Ethanol, Markets & Rain Days Update 7/7/23
Mowery Auction Company is located about 2 hours south of Chicago. They do a big business in farm machinery from west of the Rocky...
Wright Team
Jul 4, 20233 min read
Tidbits, Export Inspections, BC Vote, Markets & Rain Days Update 7/4/23
Highlights The percent of the nation’s corn crop in the good to excellent categories improved 1% this past week to 51% good or excellent....
Wright Team
Jun 30, 20233 min read
Tidbits, Estimates, Weather, Export Sales, Markets & Rain Days Update 6/30/23
Highlights Today is the last business day of the week, the month and the quarter and there is only one business day (Monday) until the...
Wright Team
Jun 28, 20234 min read
Tidbits, Clarification, Weather, Economy, Markets & Rain Days Update 6/28/23
Market Comment & Clarification Roger apologizes for yesterday’s morning email sent discussing when to price your commodities. In no way...
Wright Team
Jun 26, 20232 min read
Tidbits, Weather, Markets & Rain Days Update 6/26/23
Highlights Rainfall inches Monday to Sunday at Karen Braun’s CropWatch locations (25.4 mm per 1 inch): SD 3.5" E IA 2" IN 0.7" MN 0.65"...
Wright Team
Jun 25, 20233 min read
Tidbits, Russia & Wagner Group, Rain Days Update 6/25/23
Highlights Early Saturday, it was reported the Wagner Group had “captured” the city of Rostov-on-Don in southern Russia. A convoy of the...
Wright Team
Jun 23, 20235 min read
Tidbits, Pricing Corn, Drought Chart, ENSO, Broilers & Ethanol, Markets & Rain Days Update 6/23/23
Highlights July CBOT options expire today. The day before and the day options expire are usually down days for CBOT futures. President...
Wright Team
Jun 20, 20233 min read
Tidbits, Dry Weather, Basis, Markets & Rain Days Update 6/20/23
Highlights It will be very hot this week in the crop areas of China with temperatures in Shandong and Hebei provinces expected to be over...
Wright Team
Jun 8, 20234 min read
Tidbits, Weather, Contract Rolling, Broilers & Ethanol, Markets & Rain Days Update 6/8/23
Highlights Yesterday’s mid-day GFS run showed a slightly wetter Delta and a slightly drier Argentina. Last evening’s GFS run predicted...
Wright Team
May 31, 20234 min read
Tidbits, Weather, PMI, Export Inspections, Markets & Rain Days Update 5/31/23
"Good afternoon Roger, You haven't said much about USA weather lately. Here in southeast Iowa it feels more like June 30th than May 30th....
Wright Team
May 24, 20233 min read
Tidbits, Weather, Markets & Rain Days Update 5/24/23
Highlights Tom Skilling is chief meteorologist at WGN-TV (Chicago). He has been doing WGN weather for 45 years. Back in the day when the...
Wright Team
May 15, 20233 min read
Tidbits, Turkey, Spain, Markets & Rain Days Update 5/15/23
Highlights Presidential election was held yesterday in Turkey. As of this writing, it looks like none of the three candidates will...
Wright Team
May 4, 20236 min read
Tidbits, Education, Broilers & Ethanol, Markets & Rain Days Update 5/4/23
For the dozens of you folks who have asked how to regain the financial loss resulting from buying fertilizer, diesel fuel and other...
Wright Team
Apr 21, 20234 min read
Tidbits, Weather, Corn Trend, Export Sales, Markets & Rain Days Update 4/21/23
Highlights May CBOT options expire today. Thursday saw disappointing jobs data, housing data, Philadelphia Manufacturing Index and...
Wright Team
Apr 2, 20235 min read
Tidbits, Weather & ENSO Analysis, Rain Days Update 4/2/23
Tidbits The International Monetary Fund (IMF) approved a "disbursement" of $5.4 billion to Argentina on Friday. That is money down a...
Wright Team
Mar 25, 20233 min read
Tidbits, Russian Grain, Weather & ENSO, Markets & Rain Days Update 3/25/23
Highlights Russia’s Deputy Prime Minister Victoria Abramchenko told reporters after her report to the Duma (legislature), that Russia was...
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