Talking heads are optimistic and there are some people who believe them. Grain and cattle have been trending up since last October. US dollar is trending down. China is stepping up purchases incase grains go higher. Oats and spring wheat are showing the biggest % increases. Who would have thunk it?
Very few people believe in "fundamentals" anymore. It is momentum and bilateral trade deals and AI algorithms and packer posturing.
Since no one really knows when or why volatility will happen next - - I think you are forced to know your break evens and lock in some profit when it is there.