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Barchart
Barchart
Darin Newsom

Why Wednesday Is a Case of Same Story, Different Part of the World

  • While the US president continues to escalate his War on Iran over the Strait of Hormuz, Vlad in Invader is doing the same with Ukraine and the Strait of Kerch.

  • The latter turns the spotlight on the wheat sub-sector leading to a strong round of buying in global cash markets and futures overnight.

  • Corn and soybeans also rallied, though extended weather forecasts show a chance of rain across the US Midwest and Plains.

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