McKeany-Flavell Hot Commodity Podcast

May WASDE kicks off 2022/23 crop year with thrills or chills?


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Wheat
Today’s report was bullish for 2022/23
Wheat futures up sharply
2021/22 export numbers raised
Corn
No changes to 2021/22
2022/23 forecasted production down 4%
Surprising change to yield: Way to under-promise and over-deliver!
Soy complex
Crush/exports expected to rise
Good upcoming year for soybeans? USDA thinks so!
Soybean oil share higher than meal share
Sugar
2021/22 imports increased to reflect USDA quota increases and TRQ reassignments
Beet production lowered 84,000 on late plantings
Sugar deliveries increased for third consecutive month
Host: Michael Caughlan, President & CEOExpert: Nicole Thomas, Vice President – Information ServicesExpert: Kevin Combs, Vice President – Sweeteners Specialist
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McKeany-Flavell Hot Commodity PodcastBy McKeany-Flavell

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