Market Thoughts 4.21.24

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In this video, we discuss market thoughts and weekly changes in the agricultural industry. We start by mentioning Lighthouse Logistics and their competitive rates for freight services. Then, we analyze the weekly changes in corn and wheat prices, as well as the impact of the Middle East conflict on energy and grain prices. We also highlight the importance of monitoring weather conditions, particularly in Brazil, and the record net short position of managed money in corn and wheat. Overall, we provide insights and potential catalysts for a summer weather rally in the market.

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