3/9/26 Crude Oil Tops $100, Grains Follow

03/09/2026 Click Above to Watch the Morning Market Talk Video Crude Oil Tops $100, Grains Follow New Reco Day 3: The 20% new-crop soybean sales against March 2027 futures were recorded at $11.45, as reflected in the table at the end of this report. ***Futures trading involves risk. The risk of loss in trading futures and/or options is substantial, and each investor and/or trader must consider whether this is a suitable investment. Past performance is not indicative of future results. Subscriber Update: One of the collateral impacts of soaring energy prices from the regional war with Iran is to pull CBOT markets higher than expected in sympathy with the oil market rally. This can exceed margin risk-tolerance for some hedgers. President Trump has called the market impact of the war “an excursion” that will be relatively short-lived. That is likely accurate but… it can feel, however, like it will last forever in the emotion of the moment. Margin pressure on hedges results. The duration of the excursion is unforecastable. Crude oil has targets of $120 per barrel, followed by all-time high at $147.27. No one knows the interim upside potential. If oil prices rise high enough, long enough demand destruction will…