MIP Markets With Shawn Hackett - From Russia With Love

MIP Markets with Shawn Hackett From Russia with Love Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com Move More Iron with Fusable! Get your Free Demo at info.ironsolutions.com/moving-iron-podcast. Summary In this conversation, Casey Seymour interviews Sean Hackett from Hackett Financial about the current state of commodities, focusing on wheat, milk, corn, and soybeans. They discuss the impact of the crop tour on wheat prices, with Sean emphasizing that Russia's control over the wheat market is the main driver. They also highlight the weather-related issues in Russia and Australia that could affect wheat and milk production. Additionally, they touch on the potential for a milk shortage in the US due to avian flu and high cattle prices. Finally, they discuss the outlook for corn and soybeans, noting the bearish impact of the wet May and the need for hot weather to counteract it. #commodities, #wheat, #milk, #corn, #soybeans, #croptour, #Russia, #Australia, #avianflu, #cattleprices, #weather, #cropproduction Takeaways The main driver of wheat prices is Russia's control over the wheat market. Weather-related issues in Russia and Australia could impact wheat and milk production. There is a potential for a milk shortage in the US due to avian flu and high cattle prices. Wet May could have a bearish impact on corn and soybeans, but hot weather is needed to counteract this. Sound Bites "The wheat market is not up because of worry over US production. It's up because of Russia and Ukraine weather problems." "Without Russia, we have no wheat. They've been the linchpin." "We're going to get a significant liquidation of dairymen who just want out at the top." Chapters 00:00 Introduction and Overview 01:01 Crop Tour and Wheat Prices 05:57 Milk Shortage and Avian Flu 15:29 Bearish Outlook for Corn and Soybeans 23:48 Closing Remarks Click To Watch: https://youtu.be/A0klNBNQqT8 Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @EDAdata @Valleytransinc Music By: @TalbottBrothers Host: @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at: MovingIronLLC.com movingironpodcast@movingironpodcast.com