The commodity markets have definitely been in a sideways pattern, with little movement in either direction up or down. This lack of action makes it difficult on farmers, and challenging for traders, and the broadcasters trying to cover the markets everyday. As people watch the lack of price moves — stagnated by uncertain trade deals, large ending stock positions, and speculation on the direction of corn and soybean acres — we realize that many of these variables impact all the major commodities as the market sits and waits for a clearer picture of 2019.
At the 2019 National Farm Machinery Show at Louisville, Kentucky, Shaun Haney ran into Marlin Bohling, from RFD-TV and Rural Radio 147, in the media room. In the audio below, the two broadcasters commiserate on the weather, a grain market lacking pricing action, and what the traders are saying to keep us all entertained and informed.
In regards to the markets, Bohling says that, “It’s the same talking points everyday, I mean how many ways can you describe a two point trading range?”
Enjoy this fun, behind-the-scenes chat with these two personalities from Rural Radio147 on SiriusXM.