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Empowering clients with commercial intelligence, supply chain expertise, and risk management solutions.
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Friday Jul 07, 2023
Friday Jul 07, 2023
- USDA acreage report whipsaws speculators in corn, who were forced flat by dry weather in June
- Corn selloff accelerated by seasonal bias, new speculator shorting, and producer selling
- Risk premium still present in most commodity prices
- Additional supply suggests corn still has room lower
- Volatility already increased from weather
- Risk likely to linger on further
- Save the date for our next webinar!
- Wheat Market Update webinar with Eric Thornton
- Wednesday, July 19, 11 am PT / 2 pm ET
- Registration opens June 10 at mckeany-flavell.com
Host: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Shawn Bingham, Director of Risk Management
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