India stops exports. USA planting progress and extreme volatiliy
Monday, May 16, 2022, 2:19:49 p.m. UTC
Money Making Mondays
Top 3 – Things to Watch this week:
1. India put on Export Ban for Wheat. India exports ~7.5 Million Metric Tonnes I think the demand curve on wheat is rotating. This means more extreme prices.
2. Watch USA planting progress. If it is slow expect corn and soy to rally. Time is becoming very important.
3. Expect the remainder of this growing season to be headline driven.
This week’s Action Item:
With seeding wrapping up it is a good idea to evaluate your cashflow needs for fall. I still don’t think there is a rush to be selling more, but it a good idea to get your ducks in a row.
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