Not much has changed hay volume continues to lower. As we look at the drought, we continue to see more hay coming into Oklahoma and being traded compared to trading our own Oklahoma hay crop.
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.
