Has The Market Priced In The Impact Of Midwest Floods?

What this episode covers

A cyclone storm that has left at least 1 million acres of prime Midwestern farmland underwater has not particularly agitated traders. Live cattle futures pricing, the USDA Prospective Plantings report and other data are essentially telling us there is not much to worry about. But if NOAA is correct about above-average rain over the next two months, then it’s hard to see how farmers will be able to plant corn on time. Also, farmers stored a record amount of corn and soybeans as a result of the U.S.-China trade dispute. Those supplies have washed away.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of SA For FAs?

This episode is 3 minutes long.

When was this SA For FAs episode published?

This episode was published on April 1, 2019.

What is this episode about?

A cyclone storm that has left at least 1 million acres of prime Midwestern farmland underwater has not particularly agitated traders. Live cattle futures pricing, the USDA Prospective Plantings report and other data are essentially telling us there...

Can I download this SA For FAs episode?

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