MIP Markets with Shawn Hackett Avian Flu and Dairy Cattle

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Summary

In this episode, Sean Hackett discusses various topics related to the agricultural commodities market. He provides insights on the wheat market, highlighting the minor reports of damage due to cold temperatures in certain areas. The conversation then shifts to the avian flu and its impact on dairy cattle, with Sean explaining the contagious nature of the disease and the potential production shortfall. The discussion further delves into the cattle market, where Sean predicts a period of sideways trade due to consumer pullback and increased supply. Finally, the hog market is analyzed, with Sean discussing the contraction in China's hog herd and the potential increase in demand for foreign pork supplies.

Takeaways

Cold temperatures in certain areas have caused minor damage to the wheat crop, but the overall impact on the market is insignificant.

The avian flu has spread to dairy cattle, potentially causing a production shortfall and significantly impacting the dairy industry.

The cattle market is expected to experience sideways trade as consumer pullback and increased supply affect prices.

The hog market is showing signs of recovery, with the contraction in China's hog herd leading to potential opportunities for foreign pork suppliers.


Chapters
00:00 Introduction
00:33 Discussion on Wheat Market
10:53 Cattle Market Analysis
13:29 Hog Market Analysis

Click To Watch:
https://youtu.be/QBUVzKBmzro

Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @Valleytransinc

Music By: @TalbottBrothers

Host: Casey Seymour @casey9673
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