Wheat

Total yield improves to 48-50 bushels per acre

Ending stocks improve to over 583 million bushels

CBD

More states legalize CBD for food use

Economy

Covid finally fades from the economic landscape

Inflation forces the Fed to raise rates more than 75bp

S&P 500 ends lower than it begins

Corn and soybean oil

More volatility

Tight commercial markets through FH 2022

Sugar

World #11 price ranges $0.18 - $0.22 on lower Indian exports

Domestic production repeats itself in 2022, beet over 5.0 million

Domestic #16 raw sugar stays above $0.34 per lb

Happy Holidays!

Host: Michael Caughlan, President & CEOExpert: Eric Thornton, Commodity SpecialistExpert: Shawn Bingham, Director of Risk ManagementExpert: Nicole Thomas, Vice President – Information ServicesExpert: Craig Ruffolo, Vice President – Commodity Specialist