Market Analysis
Weekly overview of ag market news and prices compiled by Brugler Marketing & Management LLC. Not to be considered trading advice. Call 402-697-3623 for more information.
The Fed made another aggressive rate hike this week, and as recession talks continue, one ag economist doesn’t think the bearish tone in the economy should warrant drastic marketing moves from farmers this fall.
An oil price of $120 a ton could send the global economy into a major recession and fan inflation in the U.S., which Jim Wiesemeyer says is already in double digits for rural Americans.
By Nayara Figueiredo SAO PAULO, Feb 22 (Reuters) - U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha
What might next week hold in store?
Much of the U.S. will see above-normal temperatures next week, but you wouldn’t know it by looking at commodity prices. Fund liquidation seems to be a growing trend, with commodity markets under pressure in July.
USDA’s crop production report showed an increase in soybean yields, but a lower national corn yield. Analysts say Pro Farmer Crop Tour next will reveal more answers about this year’s crops and could be a market mover.
After all the hoopla about this morning’s USDA reports, we know one thing: They are outdated and they will change. Let’s look beyond the published numbers.