Analyst encourages farmers to consider the impact of higher inflation and interest rates before harvest.
2023 setting up to be a very important production year.
Cash prices have tended to lead futures higher since 2019.
Tight supplies are here to stay.
There is certainly no shortage of big-picture variables that may have a major impact in the year ahead. As we look at the marketing perspective, we encourage producers to be open-minded.
Price rallies will occur, however, an alignment of the stars to keep both end users and speculator buying at higher prices is not the most likely path.