5min chapter

Animal Spirits Podcast cover image

Talk Your Book: The State of Commodities

Animal Spirits Podcast

CHAPTER

Agricultura Commodities - Is the Ruble Going Up?

I think in our world, supply demand rules. And interest rates. If we go up five %, and it really cost te guy interest rate's going up two %, who cares? You're sill, going to plant your field stogong othing men. At this point, the fet isn't having a huge impect on commodities. It's just supline demand, especially agricultura commodities. The price of fertilizers starting to come down. That's good. People are starting to calm down and realize, if i want russian fertilizer, i can go get it. I just have to pay the higher shipping rates. And so i think things are calming down.

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