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| Increased Geo-Political Tensions = SELL AMERICA TRADE + Argentina Dry
https://youtu.be/9P_dz6BaP4w
#USDA #geopolitics #america #trade #Argentina #dry #Greenland #Brazil #weather #soybean #wheat #USDA #E15 #framework #MattoGrosso #livestock #cattle #Texas #drought #naturalgas #winterkill #cattleonfeed #CFTC
Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Mato Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.
(Ag Commodity Corner Image (full).png)
(Chart 1 (full).jpg)
Attachments ----------------
Ag Commodity Corner Image (full).png (54KB - 20 downloads)
Chart 1 (full).jpg (117KB - 19 downloads)
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