November WASDE with updates a long time coming

McKeany-Flavell Hot Commodity Podcast

English - November 09, 2023 21:50 - 24 minutes - 33.8 MB - ★★★★★ - 8 ratings
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Previous Episode: Quick hitters: What commodity buyers should be watching for in the near term

Next Episode: Energy Markets webinar highlights

Wheat
USDA finally gets on par with changes to Indian and Russian production
U.S. balance ending stocks rise 14 million bushels

Corn & soy complex
USDA revises corn, soybean yield higher
Tight stocks get tighter
2022/23 strong year for soybean oil in biofuel setting up lower stocks for 2023/24

Sugar
Beet crop raised to record 5.363 million STRV
USDA states they now recognize high-tier imports are important part of supply under current market conditions

Next week's webinar: Energy Markets Update with Shawn Bingham and Jeff Rasinski
Wednesday, Nov. 15, 2023, 11am PT / 2pm ET
Register now at mckeany-flavell.com

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