How Chinese Buying Is Causing a Boom in Agricultural Commodities
A slip from the trader sits on the soyabean after the auction at a grain market. (Photo: Sanjit Das/Bloomberg)

How Chinese Buying Is Causing a Boom in Agricultural Commodities

Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

There are a lot of hot areas in the market, which everybody knows. Stocks are obviously hot, as are industrial commodities like copper. Agricultural commodities are surging as well. If you look at a chart of corn or soy or even oats, they've been on a tear. One big factor: Chinese demand, in part driven by a desire to stock up on supplies. Meanwhile, China is launching agricultural futures of its own, including a new contract on hogs. On this episode, we speak about what's going on right now in agricultural commodities with Scott Irwin, an economist at the University of Illinois, who helps us break it all down.

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