A rather chill WASDE for a hot August!

• Corn
  • Exports down: Still a little high?
  • Domestic stocks maintain more than 2.0 billion for 2023/24
• Soy complex
  • Soybean yield lowered to 50.9 bushels per acre
  • Globally, not many changes to production: Argentina still not reduced!
  • Food consumption for soybean oil continues to be strong
• Wheat
  • Little pullback in yield and acreage
  • Exports lowered
  • Many changes ahead for global production
    • India wheat production stays the same: Why?
    • China, EU, and Canada reduced: Makes sense
    • Ukraine crop revised higher: Way to go, Ukrainian farmers!
  • Sugar
    • Sugar deliveries lowered once again: Should it be even lower?
    • 2022/23 ending stocks up
    • Production in Louisiana and Texas lowered

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