Suggestions of progress in US/Iran talks. Equities rally. US ags featured another shift to drier for S Plains and KC wheat rallying overnight.
Thursday April 16th, 2026 Short wire this AM. In general regarding US ags, we are of the opinion that all thoughts are bounded by “in the absense of a complete KS HRW drought” we are overpriced vs global grains, wheat/corn, kc wheats vs other wheats/ maybe even kc cal spreads…