June WASDE rundown + sugar negotiations update

• Typical June WASDE with few changes to grain supply and demand estimates
• Corn
  • 2024/25 corn exports increased, lowering ending stocks by same amount
  • Brazil and Argentina corn production unchanged at 130 MMT and 50 MMT
• Wheat
  • 2025/26 wheat saw a healthy increase to exports
• Soy complex
  • No changes to U.S. soybean complex estimates
• Sugar
  • Sugar deliveries continue to trend lower
  • Beet production also lowered for current and next year  
  • Update on sugar negotiations
• Our next webinar is fast approaching!
  • Seasonal Market Outlook Webinar: Summer Crop Estimates & Market Direction
  • Wed., June 25, 11am PT / 2pm ET
  • Look out for your invite or sign up on mckeany-flavell.com

Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist