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ONTARIO APPLE CROP 2019 DOWN 8.8%

The Ontario Apple Growers issued the November 2019 provincial crop estimate indicating that the crop was down 8.8% from 2018 at 7.4 million bushels (311.7 million lbs).
 
For the first time, Gala production exceeded McIntosh production. This trend matches what is happening in the United States. There, the Gala apple displaced Red Delicious in 2018. 
 
The report did not include orchard (grounder) juice apple volumes.
 
Source : Ontario Apple Growers

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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.