McKeany-Flavell Hot Commodity Podcast

June WASDE: A few surprises from USDA

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  • Corn and soy complex
    • Mostly unchanged for new crop
    • Export demand still lower for old crop
    • Wheat
      • Spring wheat off to a good start!
      • USDA surprises with sizeable increase to global wheat production
      • Sugar
        • Slightly more bullish outlook for old and new crops
        • 2022/23 stocks-to-use down to 13.1% on lower imports from Mexico
          • Will Mexico come up short, or will they have that sugar available? Should be an interesting July WASDE!
          • 2023/24 cane production lowered 87,000 STRV, with Texas down 56,000 STRV, pulling STU to 10.6%
          • Don’t forget to register for our upcoming webinar!
            • Risk Management webinar with Shawn Bingham
            • Next Wednesday, June 14, 11 am PT / 2 pm ET
            • Check your inbox for your invite or you can also register here

              • Host: Michael Caughlan, President & CEO

              Expert: Eric Thornton, Commodity Specialist
              Expert: Kevin Combs, Vice President – Global Sweeteners Specialist

               

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              McKeany-Flavell Hot Commodity PodcastBy McKeany-Flavell
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