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Pro Farmer's morning digest previews the first New Farm Bill hearing and lists market items including Fed rate-hike talk, record eurozone inflation, soybean gains, and Ukrainian grain exports. It also notes a Commerce preliminary determination on urea nitrate imports from Russia and Trinidad and Tobago.
The mix of Fed hawkishness, firm soybean prices and Ukrainian export flows is relevant context, but the digest itself does not report a new driver of feed prices.
profarmer.comJim WiesemeyerFeb 2, 2022Not 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.
