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Commodities end week 'on a bang' on lower US dollar, high demand and news out of Ukraine

Commodity markets ended the week 'on a bang,' Don Wick said on the Agweek Market Wrap. Randy Martinson of Martinson Ag Risk Management said a combination of factors came into play, including Russian President Vladimir Putin indicating he would not support extending the deal to allow exports out of Ukraine, a sharply lower U.S. dollar, and the expectation that the USDA's export reporting system will be back up next week and will show strong smaller sales.
North Dakota United States West Fargo Randy Martinson Vladimir Putin Don Wick
Source: agweek.com

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Farmer sentiment improves, but farmers still concerned about rising costs and inflation

The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 14 points in August to a reading of 117. The rise in the overall measure of agricultural producer sentiment was driven by increases in both the Index of Current Conditions, which rose 9 points to 118, and the Index of Future Expectations, which climbed 16 points to 116. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. This month’s survey was...
Chicago Board Of Trade United States Chicago Mercantile Exchange Kami Goodwin James Mintert Dana Schmidt
Source: purdue.edu

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