2022 market predictions: Part 2

McKeany-Flavell Hot Commodity Podcast

English - December 22, 2021 16:13 - 9 minutes - 12.6 MB - ★★★★★ - 8 ratings
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Previous Episode: Our 2022 predictions are in!

Next Episode: What the corn!? And other musings with Shawn & Eric

Dairy

Steep herd declines in 2021 have helped support and drive prices higher
Will that trend continue in 2022 or will herd bounce back?

Cocoa

Grind expanded around the globe at an annual rate of 3.4% during 2021; can that trend continue?
As we near the halfway point in the main crop season, arrivals are lagging
Concerns are increasing for a mounting deficit in the upcoming season

Energy

Crude oil prices advanced from $47 to $70/barrel over the past year
Inflation and rising interest rate environment set the stage as we move into 2022
Will Omicron derail OPEC+ plans to expand output at these elevated prices?

Host: Michael Caughlan, President & CEO
Expert: Jeffrey Rasinski, Consultant