Listen "Used Equipment Remarketing: Commodity Market Update With Shawn Hackett"
Episode Synopsis
In this episode Casey Seymour of Moving Iron LLC talk with Shawn Hackett with Hackett Financial. They discuss the natural gas market, which recently saw an 80% drop from its highs. They then switch gears and soybeans and other commodities and what the world markets are looking at.
Talking about soybeans, Hackett says, “I believe that the trend of soybeans outperforming other crops to gain those acres as we get into the planting season, that's going to continue until the market gets comfortable that it's remedied the error that they made and it gets, like I said, some of those acres over to soybeans. Because I don't think we can afford, Casey, to have a flat acreage here this year with all that's coming for '24 and '25.
Talking about soybeans, Hackett says, “I believe that the trend of soybeans outperforming other crops to gain those acres as we get into the planting season, that's going to continue until the market gets comfortable that it's remedied the error that they made and it gets, like I said, some of those acres over to soybeans. Because I don't think we can afford, Casey, to have a flat acreage here this year with all that's coming for '24 and '25.
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