July WASDE: Hitting it out of the park!

• Sugar
  • 2023/24 ending stocks increased 
  • Beet sugar increased for both old and new crop
• Wheat
  • USDA blew away expectations with big increases to wheat production
  • Wheat ending stocks now largest since 2019/20
  • Global stocks rise, but not likely to hold
• Corn
  • Feed category providing its usual late-season surprise for corn
• Soy complex
  • Global soybean balance sheet suggests bearishness for the foreseeable future
• Don’t forget to register for our next webinar!
  • Wheat Market Update on July 31, 2024
  • Registration opens July 17, watch your email or visit mckeany-flavell.com

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