July WASDE update: Corn, soybeans, & sugar

McKeany-Flavell Hot Commodity Podcast

English - July 11, 2019 21:42 - 14 minutes - 27.2 MB - ★★★★★ - 8 ratings
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Previous Episode: Potential market explosions over the next six months

Next Episode: Sugar beet & cane crop progress update

Corn

USDA maintains Acreage report number for corn acreage, existing yield

Soybeans

2019/20 soybean balance sheet gets “tighter”—relatively speaking
2018/19 soybean oil revision resulting from lowered crush projection

Sugar

USDA increases 2018/19 imports resulting in 14.3 percent STU
2019/20 beet and cane production raised
Market reset at 13.5 percent per the Suspension Agreements

Host/Expert: Kevin Combs, Vice President – Sweeteners SpecialistExpert: Nicole Thomas, Vice President – Information Services