When it comes to the coronavirus, there is a lot more that is unknown than is known at this point, a situation which has caused a general level of anxiety and bearishness in the economy and across equities and commodity markets, including livestock poultry and meat. At this point there seems to be three perspectives from which the situation can be assessed:
What we know
What we don’t know
What we don’t know that we don’t know
The real uncertainty hanging over the market is that last category – the things we don’t know that we don’t know and markets will want to lay off those risks. Those issues will evolve with time, one way or another. That leaves the other perspectives...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
