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Manitoba Crop Report

In the weekly crop report, Manitoba Agriculture says strong winds have delayed herbicide applications on all crops.
 
Crop staging is advancing with spraying ongoing for flea beetles, cutworms, and grasshoppers.
 
Reseeding of some canola and soybean crops continues where crop damages are excessive.
 
Total seeding progress is about 97 per cent complete.
 
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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.