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Tidbits, Education, Broilers & Ethanol, Markets & Rain Days Update 5/4/23

For the dozens of you folks who have asked how to regain the financial loss resulting from buying fertilizer, diesel fuel and other inputs too soon, and not selling grain sooner, here is your chance to get that money back. Read the following carefully because this is possibly the most unique situation and opportunity you will ever have.

 

Highlights


Russia claims Ukrainian drones attacked the Kremlin in Moscow in an attempt to kill Putin Wednesday morning. No one was hurt and the explosion looked like it was half a stick of dynamite on a rooftop. Ukraine denies it launched the drones. Here is one of the two videos of the strike: https://vk.com/video-106879986_456258509

In a delayed reaction yesterday, wheat markets gained as much as 40¢ and corn 29¢. Prices were aided by the Oklahoma Wheat Crop Tour predicting the smallest crop since 1955.

In the 24 hours ending at 7 PM Eastern Time yesterday, June crude oil futures had a trading range of $8.15! Crude was lower because of economic gloom and doom outlook of the global economy led by the Fed’s interest rate increase of 25 basis points (one-quarter of a percent), which did happen yesterday afternoon.

What other news was there yesterday? You be the judge how terrible the economic news was:

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