Expert: Jeffrey Rasinski, Consultant

Corn

Gut punch!

Soy complex

Soybean ending stocks higher than expected

Wheat

Gut punch!

2022 production slashed by 133 million bushels

Stocks steady at 1.77 billion bushels

Host: Michael Caughlan, President & CEOExpert: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Commodity Specialist

La Niña back again, causing problems for wheat

Hurricane trouble for Florida?

War on Ukraine still very relevant

Global recession and impacts to the financial and commodity markets

Host: Michael Caughlan, President & CEO Expert: Eric Thornton, Commodity Specialist

Higher net corn cost expected

Higher operational costs expected by wet millers

No relief on supply chain for many key wet-milled products

2023 negotiations are upon our doorstep

Host: Michael Caughlan, President & CEO Expert: Craig Ruffolo, Vice President – Commodity Specialist

Corn

Reduction in yield

Production shocker!

Disappearing acreage

Soy complex

Another shocker!

Planted acreage & yield lowered

Wheat

Little to no change: Not a shocker!

Sugar

“It just doesn’t matter!”

Imports get the shift

Same tight market

Beet production lowered

High-tier imports mystery

Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services Expert: Kevin Combs, Vice President – Sweeteners SpecialistExpert: Eric Thornton, Commodity Specialist

Four main drivers impacting commodity markets, two bullish and two bearish, but the two bull factors seemingly outweigh the bears

Historically low U.S. grain stocks will take time to rebuild

Global energy market disruption raising fuel and fertilizer input cost

Inflation causing central banks to raise rates despite the prospects of a global recession

No substitute for the U.S. dollar as global reserve currency

Host: Michael Caughlan, President & CEOExpert: Shawn Bingham, Director of Risk Management

Beet harvest underway in RRV and Michigan

Looking for good sugar content data

Beet marketers remain on the sideline

September 12 WASDE to show lower Mexico imports?

Host: Michael Caughlan, President & CEOExpert: Kevin Combs, Vice President – Sweeteners Specialist

After major revisions last month, what did the July milk production report reveal about the herd at the end of July?

Is the herd continuing to expand and how has milk yield been trending YTD?

With the flush now over, a review of total milk output and inventories of some key dairy ingredients

Host: Craig Ruffolo, Vice President – Commodity SpecialistExpert: Jeffrey Rasinski, Consultant

Will sugar beet marketers have additional sugar to market?

What’s with the massive reduction in projected high-tier sugar?

Drought in Northeast Mexico reducing production prospects

Will the sale of Imperial Sugar ever happen?

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

How did acreage shake out for wheat, corn, and soybeans?

Wheat

U.S. wheat demand increases 31 million bushels

Record large global wheat production, but stocks remain unchanged

Corn/soy complex

Corn yields lowered, but soybean yields increase: Interesting!

Sugar

Sizeable increase for beet sugar production

Host: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Commodity Specialist