COLLAPSE: Wheat Prices Drop 56% from 2022 Peak
November 21, 2023
6,043
244
26
4.47%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Grain Markets and Other Stuff Episodes Around November 21, 2023
See what was published immediately before and after this episode.
11:48Now PlayingCOLLAPSE: Wheat Prices Drop 56% from 2022 Peak
YouTube Description
as posted by the channelJoe's Premium Subscription
Apple Podcasts
Futures and options trading involves risk of loss and is not suitable for everyone.
#agriculture #farming
Kansas City wheat futures hit a 27-month low on Monday, with the December contract marking an unprecedented low near $6.07/bu. Meanwhile, Brazil's soybean planting is facing significant delays, reaching the slowest pace in four years due to adverse weather conditions, impacting both southern and northern regions. On the home front, the US row crop harvest is nearly complete, with winter wheat ratings improving to 48% good to excellent. In the realm of international trade, USDA reported a flash sale of US corn to Mexico, adding a boost to the market. Shifting gears to the financial landscape, the dollar index experienced a sharp decline, reaching its lowest point in the past two months, signaling evolving investor sentiments regarding Fed rate policies. Finally, in the tech realm, the Nasdaq 100 closed at its highest level in almost two years on Monday, fueled by positive expectations for artificial intelligence and a shift in market perceptions about the Fed's future actions. Stay informed and navigate the markets with our comprehensive analysis!
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.