Why is wheat not rallying like everything else? - MIP Market with Shawn Hackett
Takeaways
Wheat production in Ukraine is severely impacted by the war.
Corn and soybean markets are experiencing strong demand-driven growth.
Cotton prices are influenced by Chinese demand and trade policies.
Orange juice market is facing a potential long-term top due to supply issues.
Coffee market may see a supply squeeze, leading to price increases.
The geopolitical situation affects commodity prices and market sentiment.
Farmers are likely to hold onto their stocks, impacting supply.
USDA reports are crucial for understanding market trends and forecasts.
Weather conditions play a significant role in crop yields and market prices.
Producers should consider risk management strategies to protect against price volatility.
Sound Bites
"Why is wheat not rallying like everything else?"
"Cotton's job is to modulate the US price."
"Cotton is going to be a beneficiary of increased demand."
"The market has been trading near 500 here."
"We could be making that kind of a high here in orange juice."
"Coffee is in a similar position to what OJ was."
"The probabilities strongly favor a supply squeeze in coffee."
Chapters
00:00 Introduction to Commodity Markets
03:07 Wheat Market Dynamics
05:54 Corn and Soybean Market Trends
08:48 Cotton Market Outlook
14:50 Orange Juice Market Analysis
19:46 Coffee Market 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.