Wheat: The good, the bad, & the downright ugly

• U.S. balance sheet
  • Southern Plains struggling with worse drought in 20 years
    
    • Crop tour reporting yield numbers down 30-35%
  • Spring wheat behind on planting pace
• Global balance sheet
  • India's crop estimates go from savior to survivor with unexpected weather conditions
  • Canada sees a 6% increase to acreage
  • France and Germany has best winter conditions in 6-7 years
  • EU wheat crop production
    • Could go higher than expectations?

Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist