11/06/2024 Red Wave, Trump Bump, ADM Accounting

On the Grains
I am starting this report rather early, 3:30 am, just on the fact I was awake and turned on the election results. As of now, Former President Trump is at 267 electoral votes (at time of sending he clinched the Presidency) with some states still too close to call however, major news centers posting “No viable path for Kamala to the White House” it’s only a matter of time before its official. Exit polls have voters voicing frustration on the current economy as inflation has not skipped over any voting demographic. While everybody wants change, this inflation horse is outta the barn and doesn’t want to return to his stall all that bad. The “soft” landing sounded nice, I never did see how that was going to be achievable without some level of pain inflected. Obviously it’s way too early to tell what the cabinet will look like on January 20th and if history repeats itself it will change multiple times before 2028. RFK, while having some good points about nutrition and big pharma certainly has concerning view points for commercial agriculture.