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Corn and Sorghum Harvests Nearly In

For the week ending December 1, Nebraska's corn harvest was 96% complete, near 99% for both last year and the five-year average, according to the USDA National Agricultural Statistics Service. Sorghum harvest was 97% done, near 99% for both last year and the average.
 
Winter wheat condition rated 2% very poor, 4% poor, 26% fair, 49% good, and 19% excellent.
 
Pasture and range conditions rated 1% very poor, 4% poor, 24% fair, 60% good, and 11% excellent.
 
For more information, view the National Crop Progress Report.
 
Source : unl.edu

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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.