Farmers should be watching funds and prices in ag markets closely this year, economists say
With a new year comes new market opportunities, but an advisor with Total Farm Marketing wants producers to watch funds and prices closely.
“That’s something that’s really been kind of coming into play here I think in terms of the pressure in the agriculture sector. As the money has been aggressively, been selling the ag space overall, not just the grains, the livestock sector as well, as well as some of the softs that are out there. And we’re seeing the fund position continue to grow, and this in fact, and now we’re at their shortest, they’ve been in the ag sector in about 3.5 years in terms of their actual money flow,” says John Heinberg.
Heinberg says the war in Ukraine and weather in Brazil can all impact how many moves in the market this year.