McKeany-Flavell Hot Commodity Podcast

A humdrum April WASDE

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  • Sugar
    • No changes to demand
    • Stocks-to-use ratio up to a healthy 14.9% 
      • Although prices don't reflect that
      • Supplies increased on added high-tier imports
      • USDA reversed course on Mexico
      • Wheat
        • Reduction in ending stocks
        • Small change to the U.S. balance sheet
        • Soy complex
          • All about Argentina!
            • Drought and lower production
            • Brazil offsets lower numbers to a degree
            • More active Chinese importing from Brazil
            • Corn
              • Slight reduction in global ending stocks
              • U.S. shows reduction in imports, no change in ending stocks
              • Markets are watching for planting intentions and upcoming 2023/24 crop
                • The farmers are out in the fields!
                • 2023 Spring Market Seminar registration is open!
                  • April 26, 2023 in Oak Brook, IL
                  • Visit mckeany-flavell.com to register!

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                    Host: Michael Caughlan, President & CEO

                    Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
                    Expert: Craig Ruffolo, Vice President – Commodity Specialist

                     

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                    McKeany-Flavell Hot Commodity PodcastBy McKeany-Flavell
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