Some drama in the acreage & stocks reports today

McKeany-Flavell Hot Commodity Podcast

English - June 30, 2023 20:34 - 27 minutes - 37.8 MB - ★★★★★ - 8 ratings
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Previous Episode: Corn & wheat: Weather concerns & preview of June’s acreage & stocks reports

Next Episode: Corn & soybeans: The return of volatility!

Corn and soy complex

Corn wins big with 2 million more acres in prospective plantings
Holy soybeans, Batman! 4 million acre loss in prospective plantings

Sugar

Beet acreage down from 2022, but up 17,700 acres vs. March intentions
Cane acreage down 7,800 acres, or 0.8% vs. last year

Wheat

Wheat acreage comes out lower at 49.6 million
Stocks of wheat surprisingly low, despite weak demand

Mark your calendar for our next webinar!

Wheat Market Update webinar with Eric Thornton
Wednesday, Jul 19, 11 am PT / 2 pm ET

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