We're Going to Have a Hard Start in the 2023 Harvest Season, and I'm a Little Worried About It.

The next major disruption I expect to see will be in Ukraine. We're already seeing the Russians backing away from a United Nations broker deal that allows grain and corn, wheat and sunflower to get out of the system. The Ukrainians are probably going to fall off the map in terms of food supply later on this year. So we know we've already had a bad Argentine harvest but it's just the beginning for us.