McKeany-Flavell Hot Commodity Podcast

The dairy market: Is the glass half full or half empty?

• After major revisions last month, what did the July milk production report reveal about the herd at the end of July?
• Is the herd continuing to expand and how has milk yield been trending YTD?
• With the flush now over, a review of total milk output and inventories of some key dairy ingredients

Host: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Jeffrey Rasinski, Consultant

What’s next for the sugar market?

• Will sugar beet marketers have additional sugar to market?
• What’s with the massive reduction in projected high-tier sugar?
• Drought in Northeast Mexico reducing production prospects
• Will the sale of Imperial Sugar ever happen?

Host/Expert: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist

 

August WASDE: King-sized wrap up

• How did acreage shake out for wheat, corn, and soybeans?
• Wheat
  • U.S. wheat demand increases 31 million bushels
  • Record large global wheat production, but stocks remain unchanged
• Corn/soy complex
  • Corn yields lowered, but soybean yields increase: Interesting!
• Sugar
  • Sizeable increase for beet sugar production

Host: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Commodity Specialist

Recapping the 37th ASA International Sweetener Symposium

• Sustainability and transparency becoming everyday language
• Craig and Eric discuss the upcoming farm bill
• Are there concerns about the beet and cane crops?
• Spot sugar remains almost nonexistent

Host: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Eric Thornton, Commodity Specialist

Uh oh… The soy complex is at it again!

• What’s driving the move higher on soybeans?
• Another bullish run for soybean oil?
• How will consumption/policy play into the 2022/23 balance sheets?

Host: Kevin Combs, Vice President – Sweeteners Specialist
Expert: Nicole Thomas, Vice President – Information Services

What sparked the recent sell-off in commodity markets?

• Russia and Ukraine agree to open grain corridor through Black Sea
  • Could see as much as 5 MMT of grain flowing out of three major ports in the next few weeks
• Crop conditions near long-term averages, but supply is still a significant concern even in the most optimistic forecasts
• Federal Reserve triggered commodity long liquidations
  • Will it turn to short selling?
• Be extra cautious licking the last drops of milk from a can!
• For more information on our Risk Management services visit mckeany-flavell.com.

Host: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Shawn Bingham, Director of Risk Management

 

Plant proteins & pork with our friends from Urner Barry

• Plant proteins
  • What have retail sales looked like for plant proteins in recent years?
  • Have plant-based foods been successful at foodservice?
  • Is the plant protein market facing similar supply chain challenges as traditional meat?
  • What is the current state of the market for plant proteins?
• Pork
  • How have retail sales been impacted throughout the pandemic?
  • Has foodservice been on par with retail recently? How do these two channels differ? Do any specific items have more traction than others?
  • How has the supply chain and logistics within pork been impacted throughout the pandemic?
  • What factors have led us to elevated bacon prices?
  • Is pork still competitively priced vs. other proteins?
• Register now for Urner Barry’s Global Protein Summit!
  • Oct. 17-19 in Chicago
  • Register on their website: www.urnerbarry.com

Host: Michael Caughlan, President & CEO
Expert: Andraia Torsiello, Plant Protein & Egg Market Researcher, Urner Barry
Expert: Ryan Hojnowski, Market Researcher/Analyst, Urner Barry

July WASDE hot off the grill!

• Corn
  • Boost to ending stocks for 2021/22
  • Feed and residual use lowered
• Soy complex
  • Crush reduced
  • Soybean exports reduced for Brazil and Argentina
  • Soybean oil still looking tight
• Wheat
  • Wheat prices plunge despite a quiet July WASDE
  • Stocks to use ratio unchanged at 33%
• Sugar
  • 2022/23 sugar supply & demand at 12.4 % STU, under the 13.5 % target
  • USDA increases 2021/22 Imports 217,000 STRV
  • 2021/22 deliveries increased another 150,000 STRV
• Make sure to register for tomorrow’s Risk Management webinar!
  • Wednesday, July 13
  • Register here!

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

 

 

 

 

Opportunity finally knocks on the natural gas markets

• Freeport Texas LNG terminal event and its effect on natural gas futures
• Impact of the scheduled shutdown of Nord Stream 1 pipeline from Russia to Western Europe

Host: Michael Caughlan, President & CEO
Expert: Jeffrey Rasinski, Consultant

McKeany-Flavell at the WSJ Global Food Forum 2022!

• Recap and insights from executives up and down the global food supply chain
• Topics included:
  • State of the economy and impending recession
  • Ukraine
  • Food shortages/food waste and how tech is working to combat these challenges
• Make sure to register for our upcoming Risk Management webinar!
  • Wednesday, July 13
  • Register here!

Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist
Expert: Shawn Bingham, Director of Risk Management