How do farmers factor in the whirlwind of tariff news that continues to swirl around them as they attempt to navigate commodity markets?
Jody Lawrence, founder of Strategic Trading Advisors, compares the situation to “a Rubik’s cube that’s fighting back.”
Joining the Tuesday edition of RealAg Radio, he says tariffs are a real wild card. “That’s what makes all analysis almost not worth the paper it’s printed on, because we’re two seconds away from another tweet or a news conference that tells us that all the tariffs on Mexico and China have been pushed back another month.”
Host Shaun Haney and Lawrence agree that tariff uncertainty and potential changes continue to complicate market analysis, but there are other factors that further confuse marketing decisions.
When it comes to corn, Lawrence predicts higher planted corn acres, noting that adding acres has a greater market impact than yield changes. He also addresses the potential market effects of the Russia-Ukraine conflict and China’s economic situation, which is dampening demand.
Lawrence also emphasizes the critical role weather will play in the upcoming months, particularly in South America and the U.S., which could significantly influence planted acreage and market prices. Listen to the conversation below.
Subscribe: Apple Podcasts | Spotify | RSS | All Podcasts
