Episodes
![Unpacking a jam-packed July WASDE report!](https://pbcdn1.podbean.com/imglogo/ep-logo/pbblog1899823/USDA_WASDE_newSize2_300x300.png)
Wednesday Jul 12, 2023
Unpacking a jam-packed July WASDE report!
Wednesday Jul 12, 2023
Wednesday Jul 12, 2023
- Sugar
- Beet and cane numbers are down
- Due to early harvest adjustments?
- Big changes in imports: Up, up, up!
- What’s Kevin got to say about the 2023/24 beet crop and the number we could hit?
- Beet and cane numbers are down
- Wheat
- Some yield appreciation
- Boost to harvest acres: Big surprise!
- Production and demand see nice uptick
- EU wheat production down: Could other countries follow suit?
- Corn
- Got what was anticipated, for the most part
- Reduction in yield and ending stocks
- Ethanol and export demand lowered, while feed went up
- Argentina’s production improves: Yay!
- Soy complex
- Decrease in soybean acreage, while no change in yield
- Adjustments made to demand on the consumption side for soybeans
- Soybean oil imports raised
- No changes made to biofuels
- Don’t forget to register for next week’s webinar!
- Wheat Market Update webinar with Eric Thornton
- Wednesday, July 19, 11 am PT / 2 pm ET
- Invites are in your inbox, or register at mckeany-flavell.com
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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