Episode 305: August WASDE Overdelivers on Surprises

To talk about the August WASDE this week, we’re joined once again by DTN Lead Markets Analyst Rhett Montgomery.He's been keeping an eye on everything from conditions on the ground to analyst expectations, and brings us a complete picture of the Department’s latest updates. He’ll walk us down the balance sheets for corn, soybeans, and wheat, putting demand and international trade in perspective and offering insight on the wildcards that will persist between now and harvest. Then he’ll offer his take on what’s next — how the strengthening El Nino might influence the last weeks of the season, how the intensifying Ukraine conflict is threatening wheat and corn movements in key regions, and how extreme drought in Europe might echo across commodity markets for many months to come.