May WASDE: Get your 2023/24 crop estimates here!

Sugar

Beet production initiated at 4.961 million STRV
Cane production estimated at 4.264 million STRV
USDA raises 2022/23 food use deliveries 75,000 STRV

Wheat

USDA pessimistic on U.S. wheat production
Stocks decline further for 2023/24 to 556 million bushels
Global production and stocks surprisingly bearish

Corn and soy complex

Bearish, bearish, bearish! Stocks improvement for corn and soybeans has been a long time coming!
Maybe more growth to come for U.S. soybean oil stocks (this year and next)?

Don’t forget to register for our upcoming webinar!

Dairy Market Update webinar with Jeff Rasinski
Wednesday, May 17, 11 am PT / 2 pm ET
Check your inbox for your invite or you can also register here

Our Virtual 2023 Spring Market Seminar is available for digital viewing!

Seminar recorded live on April 26, 2023
Learn more and order access at mckeany-flavell.com

Available to clients for $475 and non-clients for $675
Attendees will be able to access at no extra charge

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