The long awaited renewable volume obligations announcement from the U.S. Environmental Protection Agency, coupled with the escalating tension in the Middle East between Israel and Iran, sent soybeans, bean oil and crude oil for a ride to end the week. Tommy Grisafi with Nesvick Trading Group and AgBull Media joins us to discuss and wrap up the week in the markets. Learn more about Tommy at https://www.agbull.com.
Also, the major escalation between Israel and Iran is concerning on many levels including the global fertilizer markets. Is this something that will have immediate impacts or does the situation simply need to be watched? Josh Linville, VP of Fertilizer at StoneX joins us to discuss and take a look at the latest price action in fertilizer. More at https://www.stonex.com.
BONUS VIDEO: The agriculture sector is responding across the board to today’s RVO announcement out of Washington. Mike Zuzolo with Global Commodity Analytics joined Susan Littlefield to break down how the markets have reacted so far—and what might be ahead as the news continues to ripple through the grain and energy sectors.
***AUDIO ONLY*** In the podcast version of today’s Market Talk, in Segment Four, Susan Littlefield talks with Sue Martin from Ag & Investment about Friday’s news headlines and overall market action.
