• Dairy
  • Steep herd declines in 2021 have helped support and drive prices higher
  • Will that trend continue in 2022 or will herd bounce back?
• Cocoa
  • Grind expanded around the globe at an annual rate of 3.4% during 2021; can that trend continue?
  • As we near the halfway point in the main crop season, arrivals are lagging
  • Concerns are increasing for a mounting deficit in the upcoming season
• Energy
  • Crude oil prices advanced from $47 to $70/barrel over the past year
  • Inflation and rising interest rate environment set the stage as we move into 2022
  • Will Omicron derail OPEC+ plans to expand output at these elevated prices?

Host: Michael Caughlan, President & CEO Expert: Jeffrey Rasinski, Consultant