Fuel and fertilizer prices took a jolt from the conflict with Iran. Bolt Marketing owner DuWayne Bosse also sees it influencing commodity markets. “War in general is kinda bullish for commodities, and it’s really bullish corn,” said Bosse. “If fuel prices go up, E-15 looks even better, doesn’t it? I’m expecting the corn market to build here.” Any lift in the corn market depends on the length of this war. “One-hundred percent. The government said four weeks, five weeks, but I’ve never seen a war actually get done in the timeframe they say. To me, if it goes over four weeks, it’s a problem, and it should actually grind these commodities higher.” Bosse was part of a market outlook panel discussion at the CHS meeting Thursday in Grand Forks.
