NCI Market Update with Zsolt Vincze

Enjoy watching the NCI Market Update from Wednesday, March 16th, 2022. This hour long commodity market update featured Zsolt Vincze, Senior Vice President of R.J. O’Brien & Associates, as he discussed the WASDE report along with the current situation in Ukraine.

Zsolt commented on the hostile situation and how the Ukrainian Agricultural Market will be volatile for some time. Zsolt stated that studies predict that Ukraine’s planting acres will be down by 40%. Zsolt predicts that the diminishing resources will cause the hostile situation to dissolve around Easter. No matter what, Zsolt stated that the lack of grain from Russia and Ukraine will force buyers to get their grain from alternative sources. Zsolt ended his presentation by giving advice to buyers, “Make sure to cover the next three months needs, and then make adjustment accordingly.”

Zsolt’s presentation can be seen below: