July WASDE update: Corn, soybeans, & sugar

• 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 Specialist
Expert: Nicole Thomas, Vice President – Information Services