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Manitoba Crop Report

In this week's crop report, Manitoba Agriculture says saturated soils and waterlogged fields are common in the southwest region from Brandon northward.
 
Fusarium risk maps indicate extreme risk for FHB development in cereals across much of the province.
 
Hay and forage yields have been below normal to date, while rains are expected to improve hay and pasture regrowth for a second cut in most of the province.
 
Widespread spraying for grasshoppers is ongoing. Armyworms are noted in fall rye, spring cereals, and perennial rye grass. Insecticide applications are ongoing.
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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.