Brazil is moving towards self-sufficiency, reducing the need for imports and increasing its participation in the international wheat market. The development of adapted wheat varieties with stable yields disease resistance
The countdown to the Trump/Xi meeting in Beijing is on- it happens in mid-May & Trump says trip to China will be “great”!
New technical breakout in KC wheat and canola futures.
May weather forecast remains cool/wet for U.S. east but dry out west.
S&P 500 surged +14% in April to new record highs!
Funds now worried about a prolonged war with Iran and higher fertilizer/diesel prices for longer impacting global grain production.
UAE leaving OPEC on May 1 while OPEC + looking to increase output again.
U.S. farm bill passes after 5 long years! E15 + top winners and losers in April CFTC and more.