May WASDE: Get your 2023/24 crop estimates here!

• 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
    • • Available to clients for $475 and non-clients for $675
      • Attendees will be able to access at no extra charge

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