Jerry Westrom is a respected Isanti, MN, commodity broker who engages with CGB Diversified Services in assisting crop insurance agents spanning the United States in growing wealth and managing risk. Jerry Westrom and his Isanti, MN, team have extensive experience in all aspects of commodities forecasting and trading, including wheat, soybeans, and corn.
A recent Rabobank Food & Agribusiness Research and Advisory report examined the implications of the new Trump administration on food and agriculture policy and price dynamics. With policies not yet well defined, a level of uncertainty prevails and a near term area of investor focus is on consumer confidence and volatilities in foreign exchange markets. In general, rallies in US currency prices exert downward pressure on futures for US commodities, as imports become more expensive for consumer countries.
In the longer term, analysts are on the lookout for administration shifts in areas such as labor, agricultural policy, and trade agreements, which effect both the prices at which commodities are produced and those at which they reach foreign consumers.
