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Manitoba Crop Report

Manitoba Agriculture says harvest has started in fall rye in most areas, with some winter wheat and pea fields combined in the Interlake region.
 
The province says many areas would benefit from a gentle rain to help with grain formation in corn, sunflowers, and soybeans.
 
Grasshoppers are a concern in all areas.
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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.