Weekly Market Outlook: Oct. 24th-28th "Technical and Fundamental Market Movers."
Grant Shimek with Black Oak Financial talks with Chris on technical and fundamental market movers as we head into the last week of October.
Grant addresses some of the fundamental issues that warrant our attention including the low river levels, temporary eroding basis levels in both corn and soybeans for some areas, and the possibility of Russia taking over the power grid in Ukraine.
Grant explains each of these issues and talks about some of the possibilities for the markets.
From the technical side of things, Grant talks about where the market could go if we break through current price resistance levels to the upside in both corn and soybeans.
Finally, they discussed 2023 marketing and some considerations as you manage margins moving into the upcoming year.
Create your
podcast in
minutes
It is Free