Grain Markets: Historic Impact of COVID-19
Managing price risk and maximizing production will be critical for profit margins again in 2020.
June 2020 Wallace’s Farmer “MarketPlace Extra”
And even in the face of gathering storm clouds in the form of low commodities, ethanol weakness, and livestock sector disruptions, the farmland market is largely keeping its collective head about it.
May 2020 Wallace’s Farmer “MarketPlace Extra”
In my mind, beyond the legitimate health concerns, the biggest impact to our way of life may be rooted in the word “confidence”. Is it now safe to go to the store for groceries and supplies? Can kids and staff safely return to schools? When will worship at local churches return to some semblance of normal? Is now the time to buy into the stock market? Should I buy a farm? It all runs on confidence!
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April 2020 Wallace’s Farmer “MarketPlace Extra”
Coronavirus is causing real concern for demand destruction in commodities and a general slowdown in the global economy. People are legitimately fearful of this unknown virus because of the death toll that has followed the spread of the virus.
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March 2020 Wallace’s Farmer “MarketPlace Extra”
Spring often brings new energy and optimism. With the early architecture of the China deal in place, and President Trump’s signature on the new USMCA agreement, this year the optimism tilts toward the demand-drivers in the grain trade.
February 2020 Wallace’s Farmer “MarketPlace Extra”
Landowners across Iowa (and the Midwest) are busy making final arrangements for the upcoming growing season. And while there may still be snow outside your window, the green grass and smells of spring air aren’t too far off! As we were entering the new year, there was major news coming through on the pending passage of the USMCA agreement.
January 2020 Wallace’s Farmer “MarketPlace Extra”
Think back 10 years and consider what you were doing a decade ago. Or, pause to consider what you’ll be doing a decade from now. There are all kinds of terrific possibilities! It makes me wonder what Iowa farmland will be worth a decade from now!?!
