The value of commodities versus the value of stocks is relatively low. John Payne, the author of ‘This Week in Grains and Oilseeds’ explains why it matters to AgDay’s Clinton Griffiths.
Watch the video below.
Expect Commodities & Stocks to Find Balance
Commodities are cheap compared to the recent rally in stocks. Analysts say they expect that to balance out at some point soon.
November 15, 2020 02:58 PM
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Jerry Gulke, president of the Gulke Group, has been fielding questions from farmers wanting to know how long the explosive rally could last and how high prices could run?
Don Roose with U.S. Commodities says the grains have seen rotating leadership but the bull market is currently being led by wheat and will needs continue Black Sea headlines to keep moving higher.
Scott Varilek with Kooima Kooima Varilek says after a bounce on Thursday many producers were asking if a bottom was starting to be forged but the negative stories won’t die down.
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