Diesel Rally

Our historic grain, oilseed and special crop analyses can be found with the following links:

Klarenbach Grain Report

Klarenbach Special Crops Report

Diesel Futures are rallying tonight. $HO_F ( 0.0% )  

Something is happening between Israel and Iran.

Who would have thought?

Geopolitical events are challenging to predict or time.

But as market technicians, we believe News Follows Price.

In our June 7 analysis, we believed USLD Futures could rally from 2.12 to 2.22, possibly to 2.26, before encountering resistance.

We suggested taking some risk off the table with some purchases could be a good decision.

At the time of publication. USLD is trading at 1.2948.

An 8% rise in USLD futures.

Hopefully, you were able to lock in prices before the rally.

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