With some unrest in the relationship of our major trading partner China, what does the future of the commodities markets look like? Rob Herrmann of Mecardo will share his views on the future of sheep meat, beef, grain, and wool. Other questions we have posed for Rob include:
· What has been the play out with historical global economic shocks in Australian red meat and grain markets?
· If there is a hyperinflation event as a result from government injection of cash into the system due to the global pandemic, will this be a good or a bad thing for commodity prices and farming net profit?
· Will the wool price recover or is the current pricing the new normal?
· Can domestic consumption in red meats and grains fill any shortfall from global demand fluctuations?
· If unemployment goes to 20% when the accelerator comes off the job keeper pedal, what will this mean for red meat and grain markets?
