E92: March WASDE Keeps Eyes on Ukraine

The March WASDE dropped Wednesday, March 9th, with USDA offering updated figures on Ukraine wheat and corn supplies, given the state of the ongoing conflict in the region. DTN’s Todd Hultman joins us to unpack the latest news out of Eastern Europe and South America, and to discuss how roiled markets are thinking about basis, among other indicators, as prices for all the major grains reach highs not seen in years. We’ll discuss the energy crunch and what that could mean for ethanol and biodiesel demand, livestock updates from USDA, the continuing impacts of inflation, global sanctions, and shipping slowdowns, and signs that China might be back in the US corn market.