by Jason Thomas, President of Healthy Brand Oil
***NOT A TRADE RECOMMENDATION***
Entering Q2, ag markets encounter downtime challenges, yet seasonal demand spikes hint at supply tightening. North American oils maintain international value, offsetting import pressure. Renewables demand remains tepid, while traders cut short positions. Rain boosts Midwest soil, aiding grain outlook. Fed Chair Powell’s update likely maintains rates. Commodity prices support, but questions arise on ag fundamentals. With prices near production costs, managing volatility is crucial. Strategic risk management offers business certainty.
Healthy Brand Oil‘s Jason Thomas has some interesting insight on these topics and more on his HBO Profit-Lock Update: March 2024.
Click Here for the Full HBO April 2024 Market Report
