Corn
Boost to ending stocks for 2021/22
Feed and residual use lowered
Soy complex
Crush reduced
Soybean exports reduced for Brazil and Argentina
Soybean oil still looking tight
Wheat
Wheat prices plunge despite a quiet July WASDE
Stocks to use ratio unchanged at 33%
Sugar
2022/23 sugar supply & demand at 12.4 % STU, under the 13.5 % target
USDA increases 2021/22 Imports 217,000 STRV
2021/22 deliveries increased another 150,000 STRV
Make sure to register for tomorrow’s Risk Management webinar!
Wednesday, July 13
Register here!
Host: Michael Caughlan, President & CEOExpert: Nicole Thomas, Vice President – Information ServicesExpert: Kevin Combs, Vice President – Sweeteners SpecialistExpert: Eric Thornton, Commodity Specialist