E113: Dog Days of August WASDE

The August WASDE dropped Friday, August 12th, and with the broader US economy reckoning with turmoil and the global harvest still uncertain, markets were eager for the information infusion from USDA. DTN’s Lead Analyst Todd Hultman joins us to unpack some of the adjustments the department made that moved markets as analysts zero in on final estimates before harvest. He covers the drought picture, USDA’s planted acres update, and zooms out to put the latest news in the context of a record tight supply situation.We’ll discuss the global supply and demand picture for key grains and oilseeds, dig into livestock market shifts that might be ahead, and talk tactics about how to keep the many, many factors affecting ag markets in mind while planning for the next few months and beyond.More on Ukraine, declining propane levels, and record low wheat supplies.