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:
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Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @Valleytransinc
Music By: @TalbottBrothers
Host: Casey Seymour @casey9673
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