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USDA Invests in Renewable Energy and Farm Projects

By Evan Walton

The United States Department of Agriculture commits millions of dollars toward renewable energy and domestic fertilizer projects.

The majority of the grant money stems from the Federal Inflation Reduction Act.

South Dakota is estimated to receive just over $3 million of that funding.

The USDA outlined ten projects planned for South Dakota under the Rural Development loans and grants program.

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Iran War = “Trend is Your Friend” Short-Term BUT……

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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.