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Stocks of Principle Field Crops Report Released

The latest Stocks of Principle Field Crops Report was released on Friday.The Stats Can Report shows total wheat stocks dropped to 13.8 million tonnes, Canola dropped 10% nationally to 7.5 million tonnes.
 
Bruce Burnett is G3 Canada’s Weather and Crop Specialist:
 
"Durum stocks were also down from last year, which isn't a big surprise and Canola stocks down from last year but a little bit above what the trade was expecting," he said.
 
Burnett says total stocks of corn for grain, barley and oats all showed an increase year over year.
 
Source : Discoverestevan

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.