| By Chance I locked in a decent chunk of summer needs.. Wheat Harvest, summer tillage, irrigation..etc.
The market remains inverted.. with future months cheaper.. but firming vs expectations of a swift resolution before the fall elections.
Iran appears intent on extracting pain.. if they can? The surprise has been the amount of stocks.. in places like China. It would have been forsightful for the Democratic Congress to have allowed the SPR to refill back in 2019 when Crude was trading single digits.. so both sides deserve blame.
Trump is playing the waiting game.. if he'd push a little harder on E 15 to his cronies.. we could support falling grain prices.. as well as cheaper fuels for consumers/voters.. but the syncopat Oil cronies might have to cave?
Hmmm..
Edited by JonSCKs 6/7/2026 18:20
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