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Denis Hoey was fresh out of college and learning to make wine in California’s Santa Cruz mountains when he had a sudden realization: this would be…
Situation: The realities of “higher for longer” interest rates have significantly added to the cost to carry inventory (inputs and outputs like grains). At the same
Background The U.S. wheat industry is stuck at “average.” Relative to the 15-year average: The old-crop 2024/25 U.S. stocks-to-use ratio is only 2% higher The amount
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