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US Embassy Attack, Argentina, Fertilizers, China Wheat, BC Vote & Rain Days Update 03/13/2022

Wright Team

Mar 13, 20223 min read

US Embassy Attack, Argentina, Fertilizers, China Wheat, BC Vote & Rain Days Update 03/13/2022

Twelve ballistic missiles hit near the US consulate in Erbil in Northwestern Iraq Saturday (last) night. Tracking the trajectory of the...

Negotiations & Economic Wars, Market Highs, Food Shortage, Market & Rain Days Update 03/12/2022

Wright Team

Mar 12, 20222 min read

Negotiations & Economic Wars, Market Highs, Food Shortage, Market & Rain Days Update 03/12/2022

Yesterday morning, the USDA announced the sale of: 128,900 mts of old crop corn to unknown 264,000 mts of new crop soybeans to China Old...

Exports, Harvest, Broilers & Ethanol, Markets Update & Rain Days 03/10/2022

Wright Team

Mar 10, 20224 min read

Exports, Harvest, Broilers & Ethanol, Markets Update & Rain Days 03/10/2022

The price outlook we have remains lower wheat into August with old and new corn and beans to make new highs in the May June time frame....

Weekly Summary & Recommendations 03/09/2022

Wright Team

Mar 8, 20222 min read

Weekly Summary & Recommendations 03/09/2022

Corn Corn Situation after the close 8 March 2022 Even though we expected old crop futures to exceed $7, we recommended pricing 2021 corn...

Ukraine & China Grains, USDA Inspections, ENSO, BC Vote, Markets Update & Rain Days 03/08/2022

Wright Team

Mar 8, 20223 min read

Ukraine & China Grains, USDA Inspections, ENSO, BC Vote, Markets Update & Rain Days 03/08/2022

Yesterday morning USDA announced the sale of: 66,000 mt of old crop soybeans to China. 66,000 mt of new crop soybeans to China The next...

Wheat, Russia, Market Update & Rain Days 03/07/2022

Wright Team

Mar 6, 20222 min read

Wheat, Russia, Market Update & Rain Days 03/07/2022

May Chicago wheat did open up the 85 cent limit. One hour after the market opened, 5,300+ May contracts were traded. After two hours,...

Wright Team

Mar 5, 20221 min read

Market Recommendation Change 03/06/2022

Sell 2022 and 2023 Hard Red Winter Wheat July KC Hard Red Winter Wheat settled Friday at $11.74½ Price Change Tuesday to Friday: up...

Wright Team

Feb 25, 20224 min read

Weekly Basis 02/26/2022

The Dow Jones Industrial Average settled at 34,058.75, down 20.43 points for the week. Crude oil was at $92.08 late Friday, up 51 cents...

Weekly Summary & Recommendations for Corn, Soybeans & Wheat 02/23/2022

Wright Team

Feb 24, 20222 min read

Weekly Summary & Recommendations for Corn, Soybeans & Wheat 02/23/2022

USDA announced this morning 132,000 mts of new crop soybeans were sold to China Note: RSI = Relative Strength Index; 70+ is over bought...

Weekly Summary & Recommendations 02/16/2022

Wright Team

Feb 17, 20222 min read

Weekly Summary & Recommendations 02/16/2022

Corn Corn Situation after the close 15th February 2022 Even though we expect old crop futures to exceed $7, we recommended pricing 2021...

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