Advance Trading Market Risk Advisor Tommy Grisafi says the economy will keep the commodity markets volatile. “Interest rates aren’t going to go up, they went up and they went up fiercely,” said Grisafi. “Yield curves are inverted with the two-year, five and seven-year (notes) higher than your ten-year note.” That is increasing the cost of doing business in agriculture. In addition to market fundamentals, like weather, Grisafi pays attention to the outside markets. “I definitely spend a lot of time looking at crude oil, money flow, the U.S. stock markets, and I still watch things like gold, silver and copper.” Grisafi spoke Tuesday at the Premium Ag Solutions Ag Day event.
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