Tariff Talk - Weekly Market Outlook: Dec. 9-13th
Duane Lowry visits with Chris this week’s market outlook.
Chris and Duane discuss Tuesday’s USDA monthly supply and demand report along with the recent strength in the corn market.
Duane cautions everyone about not being too optimistic on where price levels could go.
He points out some of the threats that could challenge commodity prices in the weeks and months ahead.
Duane points out the importance of monitoring these challenges which include South American weather, tariffs, geopolitical situations, farmer sales of a BIG inventory, and the possible decline in crude oil prices.
At the end of the conversation, Duane notes that the crude oil market could be a huge potential negative on commodities as a whole; as the Trump administration steps into Office.
