Impact of COVID-19 on Agriculture

#AFBF19 DTN Commodity Market Directions

Download Slides from DTN's Commodity Market Directions Workshop

Market Intel / January 15, 2019

Using DTN's proprietary Six Factors Strategies, Grain Market Analyst Todd Hultman has been a thought leader for farmers and agribusinesses on where commodity markets are headed, what signposts to watch for and what to do when those critical points occur. Hultman will discuss his unique view on the markets, how he uses technical and fundamental analysis to shape his view, and will outline where various commodity markets will be headed in 2019 based on trade, export and domestic demand, noncommercial interest in commodities versus other investments, and DTN's unique outlook for 2019 weather and crop production.

Contact:
John Newton, Ph.D.
Chief Economist
(202) 406-3729
jnewton@fb.org
twitter.com/@New10_AgEcon
 

Share This Article

Credit: iStockPhoto 

Today we face a different sort of inflation (September’s consumer price index was up 5.4% from last year), with specific disruptions cascading throughout the economy, leading to general shortages and price increases. This is similar in many ways to inflation during wartime, when governments take dramatic economy-distorting steps to deal with the crisis, the shape of demand changes suddenly, and certain production and trade flows are interrupted.

Full Article
Credit: Arkansas Farm Bureau, used with permission.  

Released on Sept. 30, USDA’s Quarterly Grain Stocks Report showed that as of Sept. 1 old-crop corn and soybean inventory levels had dropped, compelling USDA to update supply and demand expectations in the October World Agricultural Supply and Demand Estimates, released on Oct. 12. Much higher-than-expected soybean stocks and the subsequent adjustments made for old and new crop supply and demand pushed soybean prices for the 2020/21 marketing year average and the 2021/22 marketing year down sharply.

Full Article