A grain analyst is expecting 2023 to be a launching pad for marketing opportunities.
Todd Goll with Chicago-based Merex tells Brownfield continuous interest rake hikes makes this year appear to be tough for grain markets, but he’s optimistic about the second half.
“There are some positive signs out there as we get into the end of the year,” he says. “There’s going to be a lot of bumps and bruises along the way, but 2023 could be the fulcrum year as kind of moving forward.”
He’s watching for when the rate hikes finish.