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Will We See A Familiar Face In The US Department Of Agriculture?

US President Joe Biden is now sitting in the Oval Office in Washington, DC.
 
One of his top priorities will be finalizing his inner cabinet.
 
Tom Vilsack is expected to return as Secretary of Agriculture a role he served in under the Obama Administration.
 
Federal Agriculture Minister Marie-Claude Bibeau says the change in the White House means we should have a partner that is more predictable:
 
"We know that the Americans will always be a tough trading partner, but in the same time, I'm confident that we will have discussions based on science. That we will be able to trust that they will comply with the agreement that we have both signed. This predictability will be very much appreciated."
 
Some farm groups here in Canada may have some issues with Vilsack's return, remembering the battles over U.S. country-of-origin labelling and Canada's supply managed sector.
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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.