Summary
In this episode of the Moving Iron Podcast, Shawn Hackett discusses various topics related to the agricultural market. He starts by discussing extreme weather conditions and their impact on travel and commodity markets. Then, he addresses the current state of biodiesel demand and the factors that could influence it. Next, he discusses the potential impact of financial problems on planting acres and the natural gas market. Finally, he shares his perspective on China's economy and advises farmers in the current market environment.
Takeaways
• Extreme weather conditions are impacting travel and commodity markets.
• The biodiesel demand may not grow significantly until after the elections.
• Marginal acres may not be planted due to financial problems and potential frost damage.
• The natural gas market could experience a significant price increase in the coming months.
• Concerns about China's economy and geopolitical tensions could impact commodity markets.
• Farmers should be patient and consider participating in upside price risks.
Chapters
00:00Introduction and Weather Conditions
05:57Biodiesel Demand
09:33Impact of Financial Problems on Planting Acres
11:27Natural Gas Market
17:24Concerns about China's Economy
29:31Market Outlook and Advice for Farmers
Click To Watch:
https://youtu.be/qECm0ypejZ4
Presented By
@AxonTire
Axon Tire, helping dealers move more iron for the past 100 years. For more information, go to AxonTire.com
@AgDirect
Today, there are many ways to finance ag equipment, but nobody delivers simple, fast, or flexible financing like AgDirect®. Learn more about your options to buy, lease, and refinance equipment at agdirect.com.
@IronSolutions @EDA @Fusable
Music By: @TalbottBrothers
Host: Casey Seymour @casey9673
#agequipmentbusinesstal #letsgomovesomeiron
Contact Me at:
MovingIronLLC.com
movingironpodcast@movingironpodcast.com