E88: South America in Focus for February WASDE

The February WASDE dropped Wednesday, February 9th, with USDA bringing the attention back to the drought in South America, even if their estimate struck traders as shy of the mark. DTN’s Todd Hultman joins us today to unpack the rest of a relatively quiet report and to discuss how possible conflict in Eastern Europe, among other factors, might be playing into market moves. We’ll discuss the details of growing ethanol and crush demand, dig into supply chain issues at the US-Canadian border, and where China may turn to fill their demand in the coming month.