Weather + Acres + Chinese Demand = Fund Short Covering rally in Grains

[ForumAdmin]

Is the “Dome of Doom’ heat threat through July 10^th centered over the U.S. Midwest the start of a change in weather trend for July and August?

A heat wave in Europe (France/Spain) long-term will lead to more demand for global wheat and corn.

USDA June acreage and stocks report are “wildcards” but could surprise.

Sats Canada 2026 seeding report could also surprise from excess moisture in June.

Trump asking for $11 billion in farm aid plus E15 to ne mandated.

Crude oil futures breaking below $70 is good news for 2027 input costs.

USDA June 1 hogs and pigs report friendly.

MU (the Margin King) reported a blowout quarter as the memory AI chip market remains in short supply.

+ CFTC.

[MoeAgostino]

Do you have a 2026 July basis contract and if so what are you doing rolling or pricing?