Wheat markets surged higher on Friday while corn and the soy complex followed moderately higher as well. Russia announced a 5% cut in oil production which pushed WTI Crude Oil higher on the day and more tensions between Russia/Ukraine seemed to add fuel to the bullish fire in grains on the day. Livestock were mixed as we watched cash cattle trade to wrap the week. DuWayne Bosse of Bolt Marketing joins us to discuss the trade. Learn more online at https://www.boltmarketingllc.com.
Also, Rabobank has released its Global Pork Quarterly Q1 2023 Report and it has some interesting insights into the pork market as we start the year. Author Christine McCracken, Senior Analyst – Animal Protein at Rabobank, joins us to discuss the report. View it here: https://research.rabobank.com/far/en/sectors/animal-protein/pork-quarterly-q1-2023.html
Today’s program is brought to you by Growmark/FS; learn more online at https://www.growmark.com.
AUDIO ONLY SHOW LINKS:
https://podcasts.apple.com/us/podcast/market-talk/id1533318516?i=1000599086404