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Tuff weekend for Putins Russia = Good week for US grains?
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SodbusterIII
Posted 3/24/2024 19:33 (#10678517)
Subject: Tuff weekend for Putins Russia = Good week for US grains?


Even though US intelligence told Putin and his leadership basically what was going to happen and where it was going to happen, Putin laughed it off and watched as ISIS Hit a concert venue while a concert was going on. To add to that the Ukraine army used drones Many of which are built in the basements of non military personal in Ukraine with parts ordered from Alibaba and Amazon. The Attacks were on Crimea and looks to have taken out two more ships of the Black Sea Fleet.

I would think that by Easter or shortly after ISIS or other Unfriendly Groups that have lived under the thumb of the ruthless dictator will sense the weakness of Russia and start in with yet more attacks on Private and government centers. All the while Putin needs to call up more forces to stave off the likely hood of more hits to Crimea and the finial cut to the supply lines into Crimea.

I would think this will raise the cost of shipping commodities ( mostly Wheat and Rapeseed ) out of Russia, and should be long term positive for US grain prices.
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