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FarmLink Completes Summer Crop Tour

FarmLink Marketing Solutions recently wrapped up a summer Prairie crop tour.
 
Chief Market Analyst Neil Townsend talked about how things are looking in Manitoba.
 
"We heard a lot about flooding in Manitoba and overland river flooding. There's really not too much evidence of that," he said. "Crops in Manitoba look pretty good. Lot's of potential there. The cereals really are the headline. People were marveling at the oat crops that they were seeing and the wheat crops and the barley potential there. A little bit less enthusiastic, not that it's bad, but just less enthusiastic about the soybeans and the canola crops that they were looking at."
 
Townsend commented on a few concerns.
 
"Some evidence of bugs like grasshoppers were something that we saw a lot of and in certain areas we some root rot and stuff like that. The disease story isn't like a big headline, certain things can develop but the conditions thus far have been pretty good and support a higher quality crop. Again, that could change based on what happens in August and certainly we've seen many times where things have turned for the worst due to inclement harvest weather."
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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.