MIP markets with Shawn Hackett - The Current Market Trends and Atlantic Based Hurricanes
The commodities market has experienced recent volatility, with a mini crash in the yen carry trade and liquidation in various assets.
The Federal Reserve's interest rate decisions could impact the US dollar and commodity prices.
The current economic data suggests a need for rate reductions, which could benefit US-based commodity prices.
The equipment business is tied to the corn and bean market, and the outlook for the commodity market could impact the equipment industry.
The grain markets are currently undervalued, and historical indicators suggest a potential floor price in the near future.
Producers should consider increasing their cash length in the market and protecting against upside price risks.
The Atlantic-based hurricanes are not expected to be a major market mover this year, with the focus on storms developing in the Caribbean and Gulf of Mexico.
Texas and the deep South are predicted to be the bullseye for hurricane impacts.
Hackett Financial can be reached through their website, Twitter, and LinkedIn for more information and insights.
Chapters
00:00 Introduction to the Commodities Market
01:18 The Impact of the Federal Reserve's Interest Rate Decisions
03:17 Assessing the Current State of the Economy
06:36 The Connection Between the Equipment Business and the Commodity Market
07:46 The Potential for a Rebound in the Grain Markets
15:18 Strategies for Producers in the Current Market
18:19 The Outlook for Atlantic-Based Hurricanes
21:44 Predicting Hurricane Impacts in Texas and the Deep South
22:41 Contacting Hackett Financial for More Information and Insights
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.
