
Michael Di Criscio
1.3K posts

Michael Di Criscio
@TENxMike
Main Street Dude obsess with the Public Market & Crypto 💸 🚀 😁 📈 Business Owner: @coldplungefl 🥶


Huge surprise to the market just how bad the USDA thinks the winter wheat crop is this year. If I did the math right, USDA is forecasting that over 8 million acres of HRW will be abandoned in the Great Plains, or 37% of planted acreage reported in the March Prospective Planting report. I had not heard anyone in the market forecasting that abandonment would be this big. But I am not that close to wheat market chatter either.




$WEAT fkn whoa #Breadbros @Ross__Hendricks @TexDoggie




















🇺🇸🇨🇳 The Chinese Foreign Ministry announced that Chinese ships will move through the Strait of Hormuz despite Trump's blockade. This is a moment of dangerous potential escalation, with China already supplying Iran with manpads and HQ-9 long-range air defense systems. If Chinese tankers come face-to-face with the U.S. Navy, at the very least, a dangerous stalemate will occur that will force both sides to take retaliatory action, and, ultimately, escalate the war. Iran would then be able to rely on China to give it as much firepower and other resources needed to prolong this war. What's also telling about this statement is that it seems to imply China believes Iran owns the Strait of Hormuz.













