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More frost in Ukraine & Russian wheat that continues to get beaten up, threatening 10% of SW Russian crop that makes up 40% of total.

(May 10, 2024)
More frost in Ukraine & Russian wheat that continues to get beaten up, threatening 10% of SW Russian crop that makes up 40% of total. Add dry weather concerns/replanting = new weekly closing highs as USDA reports 24 SRW US wheat crop that is 106 mb less than 23.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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