Money managers continue to pull money out of the commodity markets. “We’ve been so focused on what else is going on. There’s a three-quarters of a percentage point interest rate hike in June. More is expected,” says Katie Tangen, market education specialist, AgCountry Farm Credit Services. “If you’re an investor, a lot of that money could be better used somewhere else or it’s costing you more money to keep in commodities.” Economic concerns have the market very nervous. “We have readjustments. Inflation, as a whole, is not generally bad for commodities, but at some point, it gets to be too much.” Hear more in the latest Fielding Questions podcast episode.
