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Nutrien analyst Mark Tully discussed the outlook for agricultural markets in a late-August 2022 podcast. Topics included rising interest rates, lower crude oil prices, cooler weather easing drought in some areas, and grain export logistics from Ukraine.
Lower crude oil prices reduce energy and fertilizer production costs, while Ukraine export logistics and weather shape grain supply expectations for feed buyers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.