On Friday I had Jake Hanley on the podcast for the first time to talk about the setup for agricultural commodities. He’s the Chief Growth Officer and Director of Investments for Teucrium. We also talked about how subsidies for farmers have an impact on the supply and demand for agricultural commodities, how geopolitical shifts and supply chain disruptions feed into these markets, why Venezuela presents opportunities, and the big picture financial situation in markets today. You can find Jake and Teucrium on Twitter (here and here), the Teucrium website, and the Teucrium Substack below.
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Podcast Summary
The background on how Teucrium got started in the agricultural commodity space, and how he joined the firm.
The 30,000 foot view for corn, wheat, and soy.
Farming subsidies, ethanol, and how those subsidies compare to other sectors with government involvement and subsidies like education and healthcare.
How rising costs and the end of the era of globalization are going to feed into the agricultural commodity supply chain.
Multipolar regional powers and the potential for more regional financial markets for commodities.
The rise of populist politics in the US.
Teucrium’s upcoming Venezuela ETF and the opportunities in the country.
Leveraged ETFs, hyperfinancialized markets, and where the roots of the next crisis could be hiding.
How fiat currency papers over problems in the financial system.
Book Recommendations: Crude Nation by Raul Gallegos & The Great Rupture by Viktor Shvets.
