A Reopening of the Strait of Hormuz is Bearish Long Team Diesel/Fertilizer!

#reopening #straitofhormuz #bearish #diesel #fertilizer The Iran/U.S. peace deal and the reopening of the Strait of Hormuz is bearish farm diesel prices and fertilizer. A peak in crude oil = a peak in soy oil futures + a peak in canola futures short-term. The SpaceX IPO increased Elon Musk’s net worth by $300 billion in 1 day more than what Warren Buffet made in his entire lifetime! WOW! The NEW Fed chairman Kevin Warsch was too hawkish and hates providing guidance and visibility on interest rates. U.S. $ Index breaks above $100. Cattle on Feed BULLISH! S&P Global shock- the U.S. could lose 30 million corn acres by 2050. They say we need E15 mandated now! China has started buying U.S. soybeans, but we need more volume.