I had an email this morning about CORN. Old story I said. Then I thought more about it. No or limited corn in USA and perhaps less impacted, but impacted soybean, will lead to a high cost of animal protein in USA. This story is known. Trades have optimized this shortage e.g., I bought MOS and the etf CORN and made money on each (very short term specs).
But there is a BIG story to come; the international story. We ship and store most of our grains. What happens when we have none to ship. What does China etc. do without these products? What kind of restlessness occurs? Who can sell? Many questions to ask!