Next stop at Inflation Station

• World Bank slashes global growth forecast
• Commodities reacting to threat of deeper recession
• Another debt crisis in EU?
• Time to take some risk off the table and then look again near seasonal low period
• Mark the date:
  • Risk Management webinar scheduled for Wed., Jul. 13
  • Look for your invite or check mckeany-flavell.com soon!

Host: Michael Caughlan, President & CEO
Expert: Shawn Bingham, Director of Risk Management

What’s new in the world of sunflower oil? Special update with SF Bay Commodities

• Latest on the Ukrainian situation
• How are processors responding?
• How are users adapting and what makes the most sense?
• Supply outlook for sunflower and safflower

• Need more info on Edible Oils? Call 832.2866 to schedule an Edible Oils consultation! Or visit our website here!
• And you don’t want to miss our Summer Market Outlook webinar!
  • Next Wednesday, June 22
  • Register here!

Host: Nicole Thomas, Vice President – Information Services
Guest: Joevic Fabregas, Managing Partner, SF Bay Commodities
Guest: Dustin Nelson, VP of Sales & Marketing, SF Bay Commodities

June WASDE update

• Corn
  • Little in the way of change for corn balance sheets
• Soy complex
  • U.S. soybeans get tighter
    • Will late harvest be impactful?
• Sugar
  • Red River Valley plantings finally finished
  • 2022/23 production estimates lowered
  • Demand left unchanged
    • Stocks-to-use ratio for 2022/23 NOT a typo!

Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Kevin Combs, Vice President – Sweeteners Specialist

CBD update: Checking in with Swany of KND Labs

• A quick recap of the benefits of Cannabinoids
• Latest on GRAS status and the regulatory front
  • FDA needs to get moving on decisions
  • Some good news from the Ninth Circuit court
• What's on the horizon for demand, trends, and the market
• Download our free CBD study!

Host: Michael Caughlan, President & CEO
Expert: Dave “Swany” Swanwick, Director of Sales, KND Labs

Wheat: The good, the bad, & the downright ugly

• U.S. balance sheet
  • Southern Plains struggling with worse drought in 20 years
    • Crop tour reporting yield numbers down 30-35%
  • Spring wheat behind on planting pace
• Global balance sheet
  • India's crop estimates go from savior to survivor with unexpected weather conditions
  • Canada sees a 6% increase to acreage
  • France and Germany has best winter conditions in 6-7 years
  • EU wheat crop production
    • Could go higher than expectations?

Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist

Edible oils market outlook

• Soybean oil
  • U.S. acreage vs. strong demand
• Canola oil
  • Canadian production rebound with consumption growth to come
• Palm oil
  • Indonesian policy and general supply dynamics
• And don’t forget to register for episode 3 of our Hot Ingredients webinar!
  • Next Wednesday, May 25
  • Covering eggs, keto diet, and GMO foods
  • Register here!

Host: Kevin Combs, Vice President – Sweeteners Specialist
Expert: Nicole Thomas, Vice President – Information Services

Transportation challenges: Going the distance with Foodliner

• How the industry is maneuvering to meet today's challenges
• Truck driver and mechanic shortages and how to incentivize them
• More flexible and collaborative relationships with food manufacturers, shippers, and end customers
• Energy cost concerns and possible shortages?
• Have more questions about transportation?
  Email us at inquire@mckeany-flavell.com and we’ll answer them in our next transportation episode!

Host: Michael Caughlan, President & CEO
Expert: John Dillman, Executive VP & Chief Marketing Officer, Foodliner

May WASDE kicks off 2022/23 crop year with thrills or chills?

• Wheat
  • Today’s report was bullish for 2022/23
  • Wheat futures up sharply
  • 2021/22 export numbers raised
• Corn
  • No changes to 2021/22
  • 2022/23 forecasted production down 4%
  • Surprising change to yield: Way to under-promise and over-deliver!
• Soy complex
  • Crush/exports expected to rise
  • Good upcoming year for soybeans? USDA thinks so!
  • Soybean oil share higher than meal share
• Sugar
  • 2021/22 imports increased to reflect USDA quota increases and TRQ reassignments
  • Beet production lowered 84,000 on late plantings
  • Sugar deliveries increased for third consecutive month

Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Kevin Combs, Vice President – Sweeteners Specialist

The dairy market is really mooving!

• Global Dairy Trade auction event
  • Chinese mostly absent
  • Most prices collapse
  • Weakest in seven years
• Dairy products report
  • Stocks and cold storage raising
• Dairy herd and milk production update
  • Feb/Mar sees massive increase in herd count
  • New record for milk yield
  • Cows love the cold!
  • Price relief on the horizon?

Host: Michael Caughlan, President & CEO
Expert: Jeffrey Rasinski, Consultant

An update on crop progress & looking ahead to the Fed meeting

• Crop progress
  • Limited plantings for some key commodities like corn and sugar beets
  • Slowest start in years for sugar and probably two weeks behind where we ought to be
  • More rain on the way through this weekend for parts of the upper Midwest 
• Fed
  • Meeting starts Tuesday of next week with decision on rates coming May 4
  • Likely to raise rates by 50 basis points 
  • Recession appears to be around the corner?
• Thanks to all those who attended our Spring Seminar in Oak Brook (both in-person and virtually)!  Videos of the presentations will be available soon for attendees.

Host/Expert: Shawn Bingham, Director of Risk Management
Expert: Jeffrey Rasinski, Consultant