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Empowering clients with commercial intelligence, supply chain expertise, and risk management solutions.
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Friday Dec 17, 2021
Friday Dec 17, 2021
- Wheat
- Total yield improves to 48-50 bushels per acre
- Ending stocks improve to over 583 million bushels
- CBD
- More states legalize CBD for food use
- Economy
- Covid finally fades from the economic landscape
- Inflation forces the Fed to raise rates more than 75bp
- S&P 500 ends lower than it begins
- Corn and soybean oil
- More volatility
- Tight commercial markets through FH 2022
- Sugar
- World #11 price ranges $0.18 - $0.22 on lower Indian exports
- Domestic production repeats itself in 2022, beet over 5.0 million
- Domestic #16 raw sugar stays above $0.34 per lb
- Happy Holidays!
Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist
Expert: Shawn Bingham, Director of Risk Management
Expert: Nicole Thomas, Vice President – Information Services
Expert: Craig Ruffolo, Vice President – Commodity Specialist
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