Wednesday, July 15th, 2026- Mike Zuzolo and Chip Nellinger

The wheat complex exploded to the upside on Wednesday as concerns grow over the closure of the Kerch Strait, linking the Sea of Azov with the Black Sea, as fighting intensifies between Russia and Ukraine in the region. Could this be the start of a bigger rally across commodities as we re-add war premium into the trade? We talk wheat, crude oil, corn, inflation and the struggles in the cattle complex with Mike Zuzolo from Global Commodity Analytics on today's show. Find more online at https://www.globalcommresearch.com. While U.S. growers watch the weather for corn and soybeans, traders are also watching growing concerns over the closure of the Kerch Strait that links the Sea of Azov to the Black Sea. What does the increased Russia/Ukraine fighting mean for the wheat market and commodities as a whole? And, are we finding a bottom in the cattle market selloff? Chip Nellinger with Blue Reef Agri-Marketing also joins us today for a midweek conversation. Find more at https://bluereef.ag.