John Phipps: What's Worse Than a Wet Spring?

USDA's reports showed some surprises last week, including tighter than expected stocks. If China continues to buy corn, analysts say it creates even tighter old crop stocks, but if China quits buying, prices could drop.

Did you know about half of all wheat grown in the U.S. is exported? USDA’s Economic Research Service estimates 21 million metric tons of wheat was shipped out of U.S. ports in 2022, totaling $8.49 billion.

While Tai has faced strong criticism about a lack of new trade agreements being pursued, she claimed this week that the U.S. is “nearing a consensus on the need to do things differently.”

Quieter weather is on the way! Meteorologist Chuck Heaver has the latest.