E53: May the WASDE Be With You
Field Posts
English - May 20, 2021 13:00 - 36 minutes - 25.2 MBNews farm agriculture farming farmer agtech agribusiness livestock ranching commodity agronomy Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: E52: How to Use Dicamba in 2021
Next Episode: E54: Hard Winter Wheat Tour Predicts Top Yields
The May WASDE dropped Wednesday, May 12th. And though this report arrives early in the season, and so carries the uncertainty of being an early prediction, it offers valuable insight on what might be ahead for markets in the 2021 crop season. DTN’s Todd Hultman joins us today to break down how the market is thinking about the old crop versus the new one, and whether USDA’s predictions for export and ethanol demand are in line with what we’re seeing on the ground. We’ll take a closer look at margins for weather error, how to put today’s vigorous soybean crush demand in context, what may be ahead in the wheat season, and how volatility in the wider commodities space may be impacting ag markets.