MIP Markets with Shawn Hackett - Grains Tough, Others Not So Much

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Summary

In this episode, Shawn Hackett discusses the current state of the commodities market, focusing on grains. He explains that the market is experiencing panic selling, but several factors indicate a potential turnaround. These factors include historical patterns, weather conditions, and the possible impact of the polar vortex. Hackett also highlights the opportunities for livestock producers to lock in low feed rates. He emphasizes the importance of taking a contrarian approach and making different decisions to achieve different results in the volatile commodity market.

Chapters

00:00 Introduction and Weather Conditions

01:19 Grain Market Panic Selling

07:20 Potential Impact of Polar Vortex

12:12 Commodity Market Pickers

14:55 Bifurcated Commodity Market

20:04 Locking in Low Feed Rates

25:25 Taking Contrarian Approach

29:18 Changing Strategies for Different Results

31:10 Contact Information

Click To Watch:

https://youtu.be/-3ZmofGGNKs

Click To Listen:

https://youtu.be/kaaUxpzM72s

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Music By: @TalbottBrothers

Host: Casey Seymour @casey9673

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