Getting technical with the sugar markets

McKeany-Flavell Hot Commodity Podcast

English - January 26, 2024 20:13 - 18 minutes - 24.9 MB - ★★★★★ - 8 ratings
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Previous Episode: Natural & organic sweeteners with Samantha Yap of PanaSource

Next Episode: Macadamia nuts! Update from Guillaume Maillard of Ten Senses

World sugar surpasses 50% retracement off the lows this week
Speculators done with long liquidations but have not been buyers yet on this rebound
Historical correlation between #11’s & 16’s is a wild ride but currently above 90%
#16 domestic raw futures up $0.04 vs. last year approaching negotiations
Mark your calendars!
McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
Registration is now open at mckeany-flavell.com

Our next webinar: Key Ingredients in 2024
Next Wednesday, January 31
Check your email to register, or visit mckeany-flavell.com

Host: Shawn Bingham, Director of Risk Management
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist