February WASDE & donuts for everybody!

• Corn & soy complex
  • Corn and soybean balance sheets reflect status quo
  • Soybean ending stocks improve
  • Brazil soybean crop phenomenal!
• Edible oils
  • Soybean oil: Reduction in crush
  • Vegetable oil up YOY
• Wheat
  • U.S. wheat balance sheet rises “an entire” 1 million bushel: Hardly any changes
  • USDA finally raised Russian wheat crop production, but was it enough?
• Sugar
  • Beet production raised 52,000 STRV to 5.1 million STRV
  • Louisiana cane production lowered 83,000 STRV on December freeze damage
• 2023 Spring Market Seminar registration is now open!
  • April 26, 2023 in Oak Brook, IL
  • Visit mckeany-flavell.com to register!

 

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