May WASDE: First look at 2026/27 crop year!

• Wheat
  • Wow! goes the WASDE for wheat
    • USDA gives bullish outlook
  • Another wow!
    • Hard red winter wheat production down 36% YOY
  • 2026/27 ending stocks projected down sharply
• Corn & soy complex
  • 2025/26 changes relatively nominal
  • Corn stocks to tighten in 2026/27
  • New crop soybean and soybean oil balance sheets show more of the same (in some regards)
• Sugar
  • 2025/26 ending stocks up on higher imports
  • 2026/27 sugar production forecast to fall, with beet down how much?
  • U.S. sugar beet plantings slow, but improving in the last week
• Our next webinar: Wheat Market Update
  • Wed., May 20, 2026 at 2pm ET / 11am PT
  • Clients, invites are going out now, or anyone can sign up now at mckeany-flavell.com

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