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CoBank's quarterly report says Federal Reserve rate hikes and bond yield inversions point to slowing growth and possible recession. It also finds that agricultural supply chains remain strained, with grain rail car availability at multi-year lows and rail costs at multi-year highs in the second quarter.
Tight rail capacity and high transport costs raise the cost of moving grain, while slowing demand from rate hikes could reduce commodity prices.
grainjournal.comJul 14, 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.
