Demand uncertainties are swirling as China relaxes COVID restrictions.
Iowa State University Extension ag economist Chad Hart suggests U.S. export projections are muddy at best.
“I think that is a $64 billion question. I think as we look there, we know that COVID is having a major impact, but they are also trying to open up. So you’ve got things pulling in both directions right now.”
His guess is demand will resemble 2022.
