13 Oct 2017

Grains Market Outlook

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Grains Market Outlook - The Bubba Show
Todd "Bubba" Horwitz on Liberty Talk FM - Image Rotator Photo

BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: October 13, 2017

Wheat Still Has Biggest Upside

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On Thursday, the USDA reported on grain production and Bubba brings in Angie Setzer, the Vice President of Grains at Citizens Elevator to discuss what the report means. Angie feels the report was somewhat bullish and of course the way soybeans traded on Thursday that looks to be the case.

Bubba and Angie look at the near future of grains and into the first quarter, they are both bullish, but Bubba believes that if the equity markets break it will mean new money for the alternative space of investing which is the agricultural markets. Both believe wheat has the biggest upside.

Angie comments on NAFTA and the possible effects that a new deal could have on corn. Bubba asks why it matters, as the U S will still be the best bargain for Mexico. It’s the same for Hogs and other agricultural products, when you start to add in freight and shipping, there is no one else to supply Mexico.

 

About Angie Setzer

Angie Setzer PhotographAngie Setzer is Vice President of Grain for Citizens LLC. Occasional talking head and writer. Unapologetic ag enthusiast and lover of markets. Tweets are my own.

[Join Angie on – LinkedIn] • [Follow Angie on Twitter]

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Host

Todd Horwitz began his career in the financial industry as an option market maker at the Chicago Board of Options Exchange in 1982 and was one of the founding traders in the SPX pit. He is an active member of the am currently a member of the Chicago Board of Trade.