From Pitch Black to Black - MIP Markets with Shawn Hackett
Takeaways
The commodities market is shifting, and there is a demand signal for corn.
Weather conditions, such as drought, can impact crop production and potentially reduce yields.
Trade tensions between Canada and China have affected canola exports, but this is expected to be a short-term issue.
The market is reacting to short-term problems, but the long-term outlook remains positive.
Sound Bites
"We've been trading the largest supplies on spreadsheets, meaning it never was real."
"If you can make these prices work in your business right now, this is an opportunity like August of 2020 to get yourself on the input side of the equation."
"They could run out of soybeans to sell within the next 45 days."
Chapters
00:00
Introduction and Overview
00:48
Technical Levels and Market Climbs
01:42
Real News and Headwinds in Crop Production
03:13
Trading the Largest Supplies on Spreadsheets
07:08
Opportunity to Buy Grains at Economic Prices
09:46
Shift in Market Sentiment and Catalysts for Growth
11:09
Impact of Trade Tensions on Canola Exports
13:28
Weather Conditions in Brazil and Market Reactions
15:19
Trade Tensions Between Canada and China
17:37
Market Reaction and Short-Term Outlook
19:45
Conclusion and Contact Information
Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com
Move More Iron with Fusable! Get your Free Demo at
info.ironsolutions.com/moving-iron-podcast.
Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc
Music By: @TalbottBrothers
Host: @casey9673
#agequipmentbusinesstal #letsgomovesomeiron
Contact Me at:
MovingIronLLC.com
movingironpodcast@movingironpodcast.com
See omnystudio.com/listener for privacy information.
