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U.S. winter wheat dry conditions last week rose in the USDA Ag in Drought report

(Nov 16, 2023)

44% in at least D1 drought, +2% wk/wk. Kansas winter wheat at 65% (+3% wk/wk) with 5% in extreme drought (D3). Drying this early is not good with an El Nino milder/dry winter forecast.

Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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