Touchdowns & a few flags called for January WASDE & grain stocks report

• Sugar
  • Sugar production forecast at record 9.391 million STRV
  • High-tier imports increased 110,000 SRV to 575,000 STRV
  • Mexico production lowered 267,000 MT to 5.016 MMT
• Wheat
  • Winter wheat seedings released: 34.4 million acres, down 6%
  • Harvested area should improve YOY
  • Little change for WASDE and ending stocks
• Corn
  • USDA surprises with better U.S. corn yield
  • Huge global stocks increase
• Soy complex
  • Domestic soybean stocks edging higher
  • Soybean oil balance sheet is precarious
• Mark your calendars!
  • McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
    • Registration is now open at mckeany-flavell.com
  • Our next webinar: Key Ingredients in 2024
    • Wednesday, January 31
    • Invites coming your way soon!

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