Play Turner’s Take Ag Marketing Podcast Episode 312
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This week we talk about why we are likely going into a recession. We then switch gears and talk about the grain and oilseed markets. Wheat was a heavily overbought market last week and has come down a dollar or two from the highs depending on the contract. Talks between the UN and Russia about a “grain export corridor” added fuel to the fire. We are skeptical a deal gets done based on how Russia has conducted itself with the war and their stance on suppling energy to Europe.
Now that planting is getting underway it looks like the US and Canada will be able to plant all or most of their intended grains and oilseeds. The next catalyst in the markets is usually bullish as we head into the most critical time of the year for crop development. Make sure you take a listen to the latest Turner’s Take Podcast!
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If you are having trouble listening to the podcast, please click here for Turner’s Take Podcast episodes! Craig Turner – Commodity Futures Broker 312-706-7610 cturner@danielstrading.com Turner’s Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner
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