Weekly Market Outlook: May 23rd-27th - How Will Economic Turmoil Drive the Markets?

Chris has an insightful conversation with Mark Welch who is the Grain Marketing Specialist and Director of TEPAP at Texas A&M. Mark talks through many of the economic hurdles that the markets will need to navigate in the coming weeks and months. They start out discussing production potential which starts with planting delays and various weather problems across the US. The Russian Ukraine war continues to be a spotlight in the market even though they appear to be getting their crops planted. Additionally, they discuss demand “strength”; however, at what point do we see demand reduction or even demand destruction? Is a declining stock market a threat to commodities at a certain point or will it drive even additional money into the commodity markets? Finally, they discuss some pricing considerations for marketing your 2022 and 2023 crops.