Meet NOAA, the Weather-Elephant in the Room and Other Friends in the Corn Field!
Ahead of the USDA June Acreage Report, I sat down with AgResource President Dan Basse over in Chicago. In my hunt for the elephant in the room surrounding this year’s grains crop, Dan shone the light on several impediments ranging from $34 per gallon diesel prices in Ukraine, to ultra-strong Chinese demand for Brazilian exports. It’s the sort of concoction that has the potential to make the June 30 release quite explosive.
Note: Any performance figures mentioned in this podcast are as of the date of recording (June 21, 2023).
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The skinny
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