West Central Ag Grain Comments 04/13/26 7:50:02 AM
4/13/26
- Good morning. Monday ag trade at the CBOT is mixed, with wheat leading the charge higher. Geopolitical tensions continue to escalate after President Trump announced a U.S. naval blockade of Iran-linked vessels transiting the Strait. Energy markets have reacted sharply to the news, with crude oil futures trading up more than $6.00/barrel. Corn futures to start the week are trading 2-3 cents higher, soybean futures are trading unchanged to a penny lower, and the Chicago wheat market is trading 10-12 cents higher.
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