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Early Snowfall Puts Harvest On Hold

An early October snowfall is causing problems for Alberta farmers. Lynn Jacobson, the president of the Alberta Federation of Agriculture, talks about how the snow will affect this year’s harvest.
 
 

Source : CBC

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Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.