Artwork

Contenuto fornito da The Ag View Pitch. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Ag View Pitch o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Player FM - App Podcast
Vai offline con l'app Player FM !

#596 - “Farmers Are Still Holding A Big Unpriced Inventory!” - Weekly Market Outlook: June 3-7th

23:39
 
Condividi
 

Manage episode 421609307 series 2603330
Contenuto fornito da The Ag View Pitch. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Ag View Pitch o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Jim McCormick with AgMarket.Net visits with Chris in this week's market outlook.

In this week’s discussion Jim and Chris talk about the slow planting pace and the possibility that there could be as many as 9 million acres yet to be planted.

However, we’ve seen a significant price decline from the May highs, so there are other factors the market may be considering as we move forward from the planting issues.

Jim goes on to hit on a number of Market fundamentals, including Fund positioning, geopolitical issues, zero Chinese demand - to date, and the soon to come crop ratings that could give us some market strength; depending on what crop condition ratings show in the weeks ahead.

Jim also points out some observation from the commercials which indicate that farmers are still likely holding as much as 25% -30% of their old crop corn, and as much as 10 to 15% of soybeans.

New crop sales also lag with commercial perspective that farmers are only 9% sold on corn and 7% sold on soybeans. Finally, Jim points out the importance of getting your offers in place as many times the market will give you an opportunity, but it’s often short-lived and in the night trade.

  continue reading

660 episodi

Artwork
iconCondividi
 
Manage episode 421609307 series 2603330
Contenuto fornito da The Ag View Pitch. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Ag View Pitch o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Jim McCormick with AgMarket.Net visits with Chris in this week's market outlook.

In this week’s discussion Jim and Chris talk about the slow planting pace and the possibility that there could be as many as 9 million acres yet to be planted.

However, we’ve seen a significant price decline from the May highs, so there are other factors the market may be considering as we move forward from the planting issues.

Jim goes on to hit on a number of Market fundamentals, including Fund positioning, geopolitical issues, zero Chinese demand - to date, and the soon to come crop ratings that could give us some market strength; depending on what crop condition ratings show in the weeks ahead.

Jim also points out some observation from the commercials which indicate that farmers are still likely holding as much as 25% -30% of their old crop corn, and as much as 10 to 15% of soybeans.

New crop sales also lag with commercial perspective that farmers are only 9% sold on corn and 7% sold on soybeans. Finally, Jim points out the importance of getting your offers in place as many times the market will give you an opportunity, but it’s often short-lived and in the night trade.

  continue reading

660 episodi

Όλα τα επεισόδια

×
 
Loading …

Benvenuto su Player FM!

Player FM ricerca sul web podcast di alta qualità che tu possa goderti adesso. È la migliore app di podcast e funziona su Android, iPhone e web. Registrati per sincronizzare le iscrizioni su tutti i tuoi dispositivi.

 

Guida rapida

Ascolta questo spettacolo mentre esplori
Riproduci