It was a quite a busy week for agriculture! Market Strategists Dan Hussey and Joe Nikruto discuss this week's agricultural market performance, covering price action for corn, soybeans, wheat, livestock, and lean hogs, as well as some of the week's top news stories, including the Farm Bill being passed in the house, Russia being placed under prohibitive tariffs by the EU, another human testing positive for bird flu, and new SAF updates revealing the true nature of President Biden's ethanol plan.
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Joe Nikruto
Joe Nikruto is a market strategist who works with Zaner Ag Hedge to help clients, both producers and end users, manage risk using agricultural commodity futures and options. Joe believes the first step to managing risk is to quantify it. Joe has worked in the futures industry since 1992 as runner, floor clerk, research associate, upstairs order desk clerk and series 3 licensed broker. 30 year’s worth of experience clients can leverage to help make decisions for their farm or agricultural enterprise. Joe trained as a technical and fundamental analyst, agricultural commodities, at the outset of his career working for a large non-bank FCM in Chicago as well as reporting to a large commodities firm based in Memphis, TN from the floor of the Chicago Board of Trade. Joe attended Indiana State University and Depaul University studying economics.
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