May 19, 2022
Fargo, US 51 F

Closing Market Report- 1/24/22- Commodities Under Pressure with Wheat an Exception

The soy complex suffered losses on falling Brazilian production ideas and falling crude oil prices. Wheat and corn got some support from the geopolitical Russia-Ukraine standoff. As the equities markets melt down on expectations of rate increases to ward off inflation, ag commodities are mostly seen as a good investment in times of high inflation. However, it was mostly a risk off day across the ag markets.

Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406

More analysis from John Heinberg of Total Farm Marketing and Jesse Allen on today’s Market Talk:

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