A market analyst says inflation could create added volatility in commodity markets in 2022.
Bill Biedermann with AgMarket.Net tells Brownfield the food and ag sectors are usually impacted last if inflation causes producers to spend less money. “If your disposable income got so tight that you start quit buying things, and then everything started to fall eventually grain markets start to fall too,” he says. “If we’re caught on the greed side of that equation waiting for that higher price – just one more day of it – and we’re not protected, it could really hurt.”
He says tensions with Russia and Ukraine might cause the federal government to intervene.
