The Ag View Pitch

#544 - “South American Weather Market.” Weekly Market Outlook. Nov. 27- Dec.1st

11.26.2023 - By Ag View PitchPlay

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Pete Meyer visits with Chris in this week's episode.

They start the conversation discussing recent volatility in the Soybean market.

What would it take to break out of the current price range and how much impact is South American weather having?

Peter does make the comment to be careful in “weather markets” and take advantage of rallies when opportunities present themselves.

They go on to discuss some practical decision considerations in order to take advantage of carry in the market, while at the same time, factoring in interest rates, storage cost, and cash flow needs.

They wrap up the conversation discussing the general economy, the value of the dollar, energy prices, geopolitical issues, inflation, interest rates, and the stock market.

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