Juan Carlos Rodríguez

🚨 Strait of #Hormuz: War risk insurance for ships has jumped 12x

⚓ Tanker attacks + radio warnings to vessels are pushing insurers to reprice risk

🇺🇸 #Trump promised DFC support, but insurers still lack details

🚢 Pressure on global energy & commodity flows

#corn #wheat

🇪🇸🌽 #Spain relies on U.S. soybeans, corn & DDGs for its livestock industry:
• #Soybeans: $680M
• #Corn: $221M
• #DDGs/residues: $95M
• #Wheat, rice & others: marginal

⚠️ Trump threatens cuts after Spain blocked U.S. military ops linked to Iran — any embargo would hit feed supply hard.
#Agriculture