Episodes
![May WASDE: Get your 2023/24 crop estimates here!](https://pbcdn1.podbean.com/imglogo/ep-logo/pbblog1899823/newspaper-wasde2_300x300.png)
Friday May 12, 2023
May WASDE: Get your 2023/24 crop estimates here!
Friday May 12, 2023
Friday May 12, 2023
- Sugar
- Beet production initiated at 4.961 million STRV
- Cane production estimated at 4.264 million STRV
- USDA raises 2022/23 food use deliveries 75,000 STRV
- Wheat
- USDA pessimistic on U.S. wheat production
- Stocks decline further for 2023/24 to 556 million bushels
- Global production and stocks surprisingly bearish
- Corn and soy complex
- Bearish, bearish, bearish! Stocks improvement for corn and soybeans has been a long time coming!
- Maybe more growth to come for U.S. soybean oil stocks (this year and next)?
- Don’t forget to register for our upcoming webinar!
- Dairy Market Update webinar with Jeff Rasinski
- Wednesday, May 17, 11 am PT / 2 pm ET
- Check your inbox for your invite or you can also register here
- Our Virtual 2023 Spring Market Seminar is available for digital viewing!
- Seminar recorded live on April 26, 2023
- Learn more and order access at mckeany-flavell.com
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- Available to clients for $475 and non-clients for $675
- Attendees will be able to access at no extra charge
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Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Commodity Specialist
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Version: 20240731
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