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In Touch 8/05/22

Nick from the Yapatorium in Aberdeen joins us to talk about the “Hub City Hodown” and more…

In Touch 8/04/22

Justin Fraase from Northern State University joins us to talk about everything going on at Norther and beyond this month…

Market clarity removing risk premiums for crops

Market clarity removing risk premiums for crops

An ag economist says USDA’s recent global supply and demand report provided a little bit of market clarity for the first time in months.

Texas A&M’s Mark Welch tells Brownfield the lack of a major disruption in the report is dragging on markets.

“We’re seeing some of that risk premium that’s built into these markets,” he said. “Where prices are significantly higher, for corn and for wheat specifically, above where you would expect them to be given our supply and demand numbers.”

All nearby crop futures closed more than $.40 lower following the USDA’s report Tuesday.

    

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