A humdrum April WASDE
McKeany-Flavell Hot Commodity Podcast
English - April 11, 2023 20:59 - 15 minutes - 21.8 MB - ★★★★★ - 8 ratingsBusiness News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Sugar
No changes to demand
Stocks-to-use ratio up to a healthy 14.9%
Although prices don't reflect that
Supplies increased on added high-tier imports
USDA reversed course on Mexico
Wheat
Reduction in ending stocks
Small change to the U.S. balance sheet
Soy complex
All about Argentina!
Drought and lower production
Brazil offsets lower numbers to a degree
More active Chinese importing from Brazil
Corn
Slight reduction in global ending stocks
U.S. shows reduction in imports, no change in ending stocks
Markets are watching for planting intentions and upcoming 2023/24 crop
The farmers are out in the fields!
2023 Spring Market Seminar registration is open!
April 26, 2023 in Oak Brook, IL
Visit mckeany-flavell.com to register!
Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Craig Ruffolo, Vice President – Commodity Specialist