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Wheat Spread Blows Out As Drought Chaos Plagues America's Breadbasket
Wheat Spread Blows Out As Drought Chaos Plagues America's Breadbasket
Hard red winter wheat (HRW) futures widened to their largest premium over soft red wheat (SRW) in more than two years as severe drought intensified across key breadbasket regions in the Great Plains and Midwest. This means traders are pricing in weather impacts and tightening expectations for higher-protein wheat supplies.
It is important to note that HRW is a more valuable protein and is primarily used in bread, rolls, and all-purpose flour. It is grown in the U.S. Plains (Kansas, Oklahoma,...
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May 11, 2026 / Tyler Durden
Marsha Blackburn To Secret Service: 'Root Out The Rot'
Marsha Blackburn To Secret Service: 'Root Out The Rot'
Authored by Susan Crabtree via RealClearPolitics,
Sen. Marsha Blackburn sent a sharply worded letter Wednesday to Secret Service Director Sean Curran demanding an immediate, top-to-bottom review of the Secret Service, a move that comes nearly two weeks after an armed gunman sprinted past a checkpoint leading to the White House Correspondents’ Association dinner in a third assassination attempt on President Trump.
As part of the review, Blackburn called for a “full, thorough audit of every single employee on your payroll.”
“It is blatantly clear...
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Apr 25, 2026 / Tyler Durden
Trump Admin Pitching US Companies To Rebuild Gulf Infrastructure Hit By Iran, Arab Officials Say 'Tone-Deaf'
Trump Admin Pitching US Companies To Rebuild Gulf Infrastructure Hit By Iran, Arab Officials Say 'Tone-Deaf'
Via Middle East Eye
The Trump administration has told several Gulf states that they should use American companies to rebuild their infrastructure damaged by Iran's retaliatory strikes amid the US-Israeli war on the Islamic Republic, US and Arab officials familiar with the discussions told Middle East Eye.
Kuwait, Bahrain and the UAE are among the countries the US has tapped as potential customers for US engineering, manufacturing and construction firms, given the extent of damage in their countries, the officials told MEE.
Smoke...
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Apr 4, 2026 / Tyler Durden
Netanyahu Boasts 70% Of Iran's Steel Production Capacity Destroyed
Netanyahu Boasts 70% Of Iran's Steel Production Capacity Destroyed
Israeli Prime Minister Benjamin Netanyahu stated in Friday remarks that Israeli airstrikes have wiped out roughly 70% of Iran's steel production capacity, dealing a major blow to its ability to manufacture weapons - from missiles and drones to ships.
"Together with our American friends, we continue to crush the terror regime in Iran. We are eliminating commanders, bombing bridges, bombing infrastructures," Netanyahu began in a video statement.
Illustrative image, via Steel Radar
"In recent days, the Air Force has destroyed 70% of Iran's steel...
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