Dry plains keep $DBA in focus 🌾
Agriculture stayed locked in a range as abundant global supply kept a lid on prices after the April WASDE, but the tape still rewarded the contracts with the sharpest weather risk. Wheat led the way on U.S. Plains dryness and fragile winter conditions, while cotton caught a bid from Texas dryness and energy spillover; corn and soybeans remained steadier as planting progress and softer fund positioning reduced urgency.
Not financial advice. Manage your risk and protect your capital.