Our 2022 predictions are in!

McKeany-Flavell Hot Commodity Podcast

English - December 17, 2021 20:23 - 20 minutes - 27.8 MB - ★★★★★ - 8 ratings
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Previous Episode: December WASDE: Silly, sleepy USDA

Next Episode: 2022 market predictions: Part 2

Wheat

Total yield improves to 48-50 bushels per acre
Ending stocks improve to over 583 million bushels

CBD

More states legalize CBD for food use

Economy

Covid finally fades from the economic landscape
Inflation forces the Fed to raise rates more than 75bp
S&P 500 ends lower than it begins

Corn and soybean oil

More volatility
Tight commercial markets through FH 2022

Sugar

World #11 price ranges $0.18 - $0.22 on lower Indian exports
Domestic production repeats itself in 2022, beet over 5.0 million
Domestic #16 raw sugar stays above $0.34 per lb

Happy Holidays!

Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist
Expert: Shawn Bingham, Director of Risk Management
Expert: Nicole Thomas, Vice President – Information Services
Expert: Craig Ruffolo, Vice President – Commodity Specialist