Softer crude and US ags overnight other than soybeans. Row crop old crop/new crop calendar spreads continue to puke.
Morning Wire

Softer crude and US ags overnight other than soybeans. Row crop old crop/new crop calendar spreads continue to puke.

Friday May 29th, 2026 Macros overnight seem to be continuing to react to the lack of any further news on the Iran/US ceasefire extension (Trump still at the stage of saying it may take him days to peruse the agreement) by pricing in an end to the war and reopening…

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Morning Wire
Softer crude and US ags overnight other than soybeans. Row crop old crop/new crop calendar spreads continue to puke.
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Morning Wire
Small overnight rallies in crude, US row crops, and SRW wheat on a couple new items
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Morning Wire
Lower yet again in crude and US ags. Risk-off seems to be in full blown mode now.
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