An international grain merchandiser suggests inflation has eaten into export business.

CHS CEO Jay Debertin says U.S. commodity prices remain higher than most global competitors.

“We saw it in our export volumes, the United States was sitting a little bit higher than other parts of the world in terms of our commodity prices. Which impacted exports as the world searches for where they see an advantage in prices.”

He tells Brownfield dynamics like these are cyclical.

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