Play Turner’s Take Ag Marketing Podcast Episode 353
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US Q1 GDP growth is only 1.1% vs expectations of 2%. Businesses are cutting inventories, jobs, and higher interest rates limit new capital investments. The Fed will meet next week and the market is looking for a quarter point interest rate increase. The poor economic numbers and expectations of a recession should continue to keep energy prices low. The grain and oilseed markets had a bad week with old crop corn leading the way lower. Poor old crop export demand, lower Brazilian prices, Chinese cancellations, and favorable new crop planting weather all contributed to the decline.
About Turner’s Take Podcast and Newsletter
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 email@example.com Turner’s Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner
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