December WASDE: Silly, sleepy USDA

• Corn and soybean complex
  • Domestic corn and soy unchanged
  • Stronger yield for soybean oil
  • Lower global soybean ending stocks
• Wheat
  • U.S. and global balance sheets improve slightly
  • Record Australian crop at 34 MMT
• Sugar
  • Beet and cane production lowered 20,000 and 72,000 STRV, respectively
  • Mexican imports lowered despite recent additional 150,000 MT quota
• Don’t forget to register now for our Hot Ingredients webinar on Dec. 15!
  • In-depth dive into honey, nuts, and oats

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