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Empowering clients with commercial intelligence, supply chain expertise, and risk management solutions.
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Tuesday Apr 11, 2023
Tuesday Apr 11, 2023
- Sugar
- No changes to demand
- Stocks-to-use ratio up to a healthy 14.9%
- Although prices don't reflect that
- Supplies increased on added high-tier imports
- USDA reversed course on Mexico
- Wheat
- Reduction in ending stocks
- Small change to the U.S. balance sheet
- Soy complex
- All about Argentina!
- Drought and lower production
- Brazil offsets lower numbers to a degree
- More active Chinese importing from Brazil
- All about Argentina!
- Corn
- Slight reduction in global ending stocks
- U.S. shows reduction in imports, no change in ending stocks
- Markets are watching for planting intentions and upcoming 2023/24 crop
- The farmers are out in the fields!
- 2023 Spring Market Seminar registration is open!
- April 26, 2023 in Oak Brook, IL
- Visit mckeany-flavell.com to register!
Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Craig Ruffolo, Vice President – Commodity Specialist
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