Michael Swanson at Wells Fargo says we’ve likely seen the peak for food inflation last summer. What drove the 14% food inflation since the COVID pandemic has been four factors: transportation, labor, shipping and packaging.
Keeping track of GDDs can help you predict when corn will reach various development stages which can help you make more strategic management decisions.
We are hearing that ag retailer inventories are generally full, that China has received very few new orders of glyphosate and wonder whether adverse weather in Argentina will hurt global input demand, near-term.
