E100: | May WASDE and an Uncertain 2022

The May WASDE dropped Thursday, May 12th, with USDA offering a first look at what might be ahead in the new crop season that’s just starting to unfold. DTN’s Todd Hultman joins us to unpack the department's updates to production estimates for corn and stocks predictions for wheat, and we'll also take a closer look at what all this might mean for a shifting demand landscape. The global weather picture, from the rain delaying planting, to drought in the plains and in South America will be in focus as we explore what pressures the market is most worried about. Then we’ll check in on the wide ranging impacts of the Ukraine conflict, and what it means for everything from wheat exports to soybean crush demand.  We’ll discuss a heatwave in India, the complex supply chain picture, and why USDA is tweaking a long held prediction practice in 2022.