King Oil On-Fire . . . Canola Prices Rocket . . . Cattle Board Tips Over . . . Loonie Breaks 74 cents . . . Urea Prices Drop . . . Toppy Silver

Giddy-up canola! . . . . Giddy-up flax! Significant dryness across western Canada (particularly Sk and Mb) plus crude oil’s geopolitical price launch contributing to stiff gains in ICE canola futures. Cash flax bids remain on-a-roll. How high could canola futures go? Let’s look at a long-term chart . . .

Oil and diesel fuel prices have exploded higher. But oil prices suddenly backed off despite bombings ramping up. What does the market know that the cash market doesn’t?

Is Fed chair Powell going to cut rates? The stock market is acting like U.S. rates will be cut. This is a watch . . . .

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Let’s take an overview of what’s moving and shaking in the commodity world with an eye on the ag sector . . . . .