Weekly Market Outlook September 19-23rd: ”Micro and Macro Market Management.”

Clark Neighbors with BIS Commodities in Cedar Rapids, Iowa talks with Chris on numerous market fundamentals as we march towards harvest.

First off they address some of the market carry over from the USDA report last Monday. They go on to discuss some of the early harvest activity and the importance of managing basis levels in your local area. Some areas will have deficient supplies which may give us basis strength, however timing and paying attention will be crucial.

Finally, they discuss several macro economic fundamentals that may provide some market headwinds in the near future. Some of the areas to watch include interest rates, inflation, input costs, and the potential of a world slow down or even potentially a recession.