Errol how do u see this effecting our grain prices as it pertains to countries being able to buy our products. How many are gonna default on shipments?
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Grains look very solid right now. Wheat prices are gradually lifting globally. Canola has now broken into a higher trading window (IMO). Demand is excellent and Stats Can was bullish. There is an export market for barley. Peas may take time to recover given big supplies.Originally posted by FarmJunkie View PostErrol how do u see this effecting our grain prices as it pertains to countries being able to buy our products. How many are gonna default on shipments?
But . . . here’s the but . . . the next financial crisis won’t be much fun. If credit markets (liquidity) are threatened, grains may be impacted. Credit markets will tell the tale. But the grain sector is somewhat shielded from the incoming chaos.
Know there is another shoe to drop, just don’t know when. An opinion . . . .
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