Ag Intel

When Trump Tweets and Oil Prices Fall: A Week of Global Upheaval

Geopolitical tensions between the US, Israel, and Iran create market turbulence while devastating storms in North Dakota destroy up to 100 million bushels of grain storage capacity. • Crude oil prices crash from near $80 to $65 following Trump’s social media posts about Middle East agreements • North Dakota hit by derecho with hurricane-force winds exceeding 100 mph • Storm damage includes 50-100 million bushels of grain storage capacity destroyed • Farm fields filled with debris requiring cleanup before harvest equipment can enter • Senate working on budget reconciliation bill with agricultural provisions • Federal Reserve communications hint at potential interest rate changes • Upcoming USDA acreage report expected to move markets Tommy Grisafi of AG Bull Trading & Don Wick from RRFN talk politics and markets. #grainmarket #corn #soybeans #wheat #cattle #oil There is a risk of loss in trading futures and options, and it is not suitable for all investors. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RETURNS. Nesvick Trading Group LLC is not responsible for any redistribution of this material by third parties or any trading decision taken by persons not intended to view this material.