Ukraine-Russian conflict: Special update

• Energy
  • Crude oil, home heating oil, gasoline spiking
  • Sticker shock at the pump!
  • Good news: Winter winding down
• Corn
  • March 31 Prospective Plantings report is next key market indicator
  • Russia makes up less than 10% of U.S. fertilizer imports
  • Russia makes up over 35% of Brazil’s fertilizer imports
• Wheat
  • Ukraine spring crops down 39% vs. last year
  • Crop reduction numbers beginning to come out
• Economy
  • Fed set to start rate hike process tomorrow
  • Fed Chairman Powell between a rock and a hard place
  • Recession seems inevitable
• Edible oils
  • Sunflower oil
    • Ukraine and Russia represent 50% global production
    • Where will supply come from now?

Host: Michael Caughlan, President & CEO
Expert: Jeffrey Rasinski, Consultant
Expert: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Eric Thornton, Commodity Specialist
Expert: Shawn Bingham, Director of Risk Management
Expert: Nicole Thomas, Vice President – Information Services