Political tensions worldwide bring a level of unpredictability to the markets. Advance Trading Risk Management Advisor Tommy Grisafi is always monitoring these outside influences. “Folks in the know say nothing will happen during the Olympics, but after that keep an eye on China-Taiwan, Russia-Ukraine, are borders opening? do we have to show (vaccination) cards everywhere? What happens politically is really disrupting.” In the new edition of the Bull Pen podcast on the Red River Farm Network YouTube channel, Grisafi said product shortages and high input costs must be a consideration. “Prices used to be adjusted quarterly and now they’re being adjusted multiple times per week. A year from now, you might be growing $12 or $13 beans, $5.50 corn and $7 wheat and still losing money because it costs so much for those inputs.”
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