This Year's American Wheat Harvest Has Been Awful
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Jun 06, 2022
Episode Duration |
00:45:49

There are numerous macro factors driving elevated inflation. But in some categories, there also seems to be a lot of bad luck. When it comes to the US wheat market, the weather has been awful. After a long drought, farmers have been faced with an extraordinary amount of rain. As such, the spring planting season has been one of the worst on record. Of course, this comes amid overall bad conditions, with prices already elevated, owing in part to Russia's invasion of Ukraine. So to understand more about what's going on for farmers, we spoke with Angie Setzer, a co-founder of ConsusROI, which helps farmers make planting and hedging decisions. 

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