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Will 2023 Be a Reset for Supply Chains?

The question’s been on everyone’s minds: what will supply chains and prices look like in the next year? That question carries a lot with it — what will seed prices look like for the next year? Will seed deliveries make it to their destination on time? Are there any other hiccups that could cause further disruptions?

While it’s impossible to read the future, two economic experts are helping us feel out for what supply chains are looking like in 2023 and how prices might affect the next growing season. Join us on Seed Speaks Wednesday, Aug. 17 at 12 p.m. CDT with expert speakers Michelle Klieger of Stratagerm Consulting and Barry Prentice of the University of Manitoba.

Klieger is an agricultural economist with 15 years of sector experience. She works with the key stakeholders in the global seed industry and ag tech companies, amongst others, as an economist and a business strategist. Klieger is a professor of economics at Bentley University, she holds a master’s in agriculture economics from Purdue University and a masters of business administration from Indiana University’s Kelley School of Business.

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Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.