#579 - “Is There a Spring Rally Ahead?” - Weekly Market Outlook: April 8-12th
Duane Lowry is visiting Chris in this week's Market Outlook.
Chris quizzes Duane on some of the key fundamentals to watch, as we head into spring planting season.
Duane acknowledges the burdensome supply of grain, which is one of the key factors pressuring the market. However, he explains several opportunities that could give us a short window of pricing opportunity.
The upside price opportunities are likely limited. However, Duane sees the importance of having targets in play and being willing to get some level of new crop priced during these opportunities, especially during the planting season.
They go on to discuss energy prices, summer weather, possible acreage shifts, geopolitical possibilities, and Fund positioning as we continue through the year.
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