Morning Comments 11-26-18

This week, and probably the next, is setting up to just be one huge mess of headline risk.  I have very little predictive power in this environment.

Nothing major in today’s comments.  I’m still working through potential ag-implications of the latest Russia-Ukraine problems, but inside you’ll see I’m starting by reviewing what happened last time.  Also, beef features last week were very low…though obviously that is holiday-impacted.