BASIC & RECENT MARKET INFO

Highlights Russia announced yesterday it will reduce its oil exports from its western ports by up to 25% in March, exceeding its...

Highlights There is no consensus as to how many of Argentina's acres were damaged or how many mts were lost. We will get hundreds of reports and estimates in the coming week. The bigger issue is drought in Argentina. Today President Putin will reveal to Russia’s elite his plans of the “military operation" in Ukraine. If he is not pulling out of the wear, his speech will be supportive to prices of everything. Tidbits CBOT May beans gapped higher on the opening last evening, up

Highlights The Nord Stream Pipeline is a natural gas pipeline from Russia to Germany running through the Baltic Sea, financed by Russia’s Gazprom and several European energy companies. A Pulitzer Prize-winning journalist, Seymour Hersh, reported last Wednesday that the Biden Administration decided to damage the pipeline to prevent Russia from boosting its income while reducing the dependence of Western Europe on inexpensive Russian gas. Now, four days later, it appears that

Tidbits More than 150 missles plus an unknown number of Iranian drones hit Ukraine's energy infrastructure yesterday. People in Nigeria are wading through fast-flowing water, holding one another to avoid being swept away. The torrent was, until recently, the East-West Road in Nigeria's Rivers state, the gateway to the nation's oil and gas. Now parts of Rivers, along with large swaths of 32 other states, are inundated by the worst flooding in 12 years. Nigeria is a major crud

Roger, Question What happens to grain if the US falls into a recession; haven't seen anybody say much about it??????? Certainly, in...