Bleakley Advisory Group CIO Peter Boockvar told viewers of Real Vision’s Trade Ideas that he is bullish on agriculture and that the bear market could be coming to an end.
A disastrous planting season fueled by terrible weather this year, coupled with ongoing trade tensions with China, should lead to higher corn and soybean prices and a more robust planting season next year, he explained to Real Vision’s Justine Underhill.
“I've been optimistic about trying to find a bottom in agriculture,” he said. “And I feel like this is finally the stick in the ground