Tidbits, U.S. Economy & Inflation, Drought & Weather, NATO, Broilers & Ethanol 5/29/26
- Wright team
- May 29
- 4 min read
Tidbits
National Weather Service 6 to 10 and 8 to 14 day forecasts predict much above normal temperatures with normal rainfall for the northern half of the U.S., as of last evening.
China expects El Niño weather effects to peak in autumn and winter this year, before weakening in spring next year.
Iran: A tentative 60-day ‘memorandum of understanding’ has been reached to extend the ceasefire and initiate nuclear negotiations with Iran, pending approval from President Trump.
U.S. crude inventories fell by 3.3 million barrels in the week ended May 22, less than was expected. Refinery activity increased, gasoline & diesel inventories dropped and more than expected, making the 15th consecutive weekly decline for gasoline.
Want to read more?
Subscribe to wrightonthemarket.com to keep reading this exclusive post.
