Episodes
Thursday Feb 29, 2024
Recap of the International Sweetener Colloquium 2024
Thursday Feb 29, 2024
Thursday Feb 29, 2024
- Big difference between 2023 and 2024
- Less pressure to book this year
- Lots more people attending!
- Seeing more small users
- What was a major talking point?
- High-tier imports
- Shout-out to the volatile cocoa market for making an appearance
- Mark your calendars!
- Upcoming webinar: Spring Market Outlook Webinar
- Wednesday, March 27
- Register at mckeany-flavell.com
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
- Register now at mckeany-flavell.com
- Upcoming webinar: Spring Market Outlook Webinar
Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Friday Feb 23, 2024
Get prepared for the 2024 International Sweetener Colloquium
Friday Feb 23, 2024
Friday Feb 23, 2024
- 2025 sugar talk and negotiations are real
- Buyers should be prepared ahead of time
- Corn wet milling talk around net corn
- Demand weakness present in many markets, including sugar
- Don’t forget your sunscreen!
- McKeany-Flavell’s Spring Market Seminar is fast approaching!
- April 17, 2024 in Oakbrook, IL
- Theme: Movers & Shakers (Technology. Sustainability. Opportunity.)
- Register now at mckeany-flavell.com
Host/Expert: Eric Thornton, Commodity Specialist
Expert: Craig Ruffolo, Vice President – Commodity Specialist
Friday Feb 16, 2024
Wild rides on the cocoa-coaster!
Friday Feb 16, 2024
Friday Feb 16, 2024
- CPI numbers: The inflation fight is not over!
- Cocoa futures set a record high
- High cocoa butter prices: Sustainable?
- Chocolate companies: Update on layoffs
- What to expect moving into spring
- Chocolate demand? Look to the Q4 grind numbers
- Mark your calendars!
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
- Register now at mckeany-flavell.com
- Our next webinar: Economy, Inflation, & Interest Rate Expectations Webinar
- Wednesday, February 21
- Register at mckeany-flavell.com
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
Host: Michael Caughlan, President & CEO
Expert: Jeffrey Rasinski, Consultant
Thursday Feb 08, 2024
A curious February WASDE
Thursday Feb 08, 2024
Thursday Feb 08, 2024
- Corn / soy complex
- Not much in the way of change for U.S. corn / soy complex balance sheets
- Can we get USDA and CONAB to chat ahead of time?
- Wheat
- Only a few changes for wheat
- Most notable: food demand cut 10 million bushels
- NOAA news more impactful: La Niña watch for H2 2024
- Only a few changes for wheat
- Sugar
- Beet production lowered while cane is increased
- Mexican sugar imports
- Mark your calendars!
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
- Registration is now open at mckeany-flavell.com
- Our next webinar: Economy, Inflation, & Interest Rate Expectations Webinar
- Wednesday, February 21
- Register at mckeany-flavell.com
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
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
Friday Feb 02, 2024
Macadamia nuts! Update from Guillaume Maillard of Ten Senses
Friday Feb 02, 2024
Friday Feb 02, 2024
- Ten Senses and Pamoja Farms
- A Kenyan-based company focused on sustainability and traceability
- Specialize in macadamia nuts and coffee
- The macadamia nut market
- Learning from the challenges of 2023
- 2024: great opportunities ahead!
- Product changes
- Demand and volume going up
- Heading to the Natural Products Expo West?
- March 12-16, 2024 in Anaheim, CA
- Reach out! We’d love to meet with you
- Don’t forget: McKeany-Flavell's 2024 Spring Market Seminar
- April 17, 2024 in Oak Brook, IL
- In-person or virtual
- Visit mckeany-flavell.com to register
- Seats are filling up fast!
Host: Michael Caughlan, President & CEO
Guest expert: Guillaume Maillard, Founder & Director at Pamoja Farms
Email: g.maillard@pamoja-impact.com
Friday Jan 26, 2024
Getting technical with the sugar markets
Friday Jan 26, 2024
Friday Jan 26, 2024
- World sugar surpasses 50% retracement off the lows this week
- Speculators done with long liquidations but have not been buyers yet on this rebound
- Historical correlation between #11’s & 16’s is a wild ride but currently above 90%
- #16 domestic raw futures up $0.04 vs. last year approaching negotiations
- 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
- Next Wednesday, January 31
- Check your email to register, or visit mckeany-flavell.com
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
Host: Shawn Bingham, Director of Risk Management
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Friday Jan 19, 2024
Natural & organic sweeteners with Samantha Yap of PanaSource
Friday Jan 19, 2024
Friday Jan 19, 2024
- Introduction of PanaSource Ingredients and alternative sweeteners
- Trends and growth categories for the sweetener industry
- The Stevia resurgence: What’s driving it?
- The latest on sucralose and allulose
- Challenges that may lay ahead in 2024 for natural sweeteners
- You can meet with Samantha and the McKeany-Flavell team at the 2024 International Sweetener Colloquium!
- February 25-28 in Aventura, Florida
- And mark your calendars for:
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
- Registration is now open at mckeany-flavell.com
- McKeany-Flavell’s monthly webinar: Key Ingredients in 2024
- Wednesday, January 31
- Check your email to register, or visit mckeany-flavell.com
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
Host: Michael Caughlan, President & CEO
Special guest: Samantha Yap, Director of Sales, PanaSource Ingredients
Email: samantha@panasourceusa.com
Friday Jan 12, 2024
Touchdowns & a few flags called for January WASDE & grain stocks report
Friday Jan 12, 2024
Friday Jan 12, 2024
- 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!
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
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
Friday Jan 05, 2024
Inflation station reporting slowing trains
Friday Jan 05, 2024
Friday Jan 05, 2024
- December jobs growth surprises
- Beating estimates!
- U.S. economy job production numbers
- What may keep the Fed on hold a little longer
- Rate cuts are still a “when” not an “if”
- When will cuts most likely be seen?
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
- Registration opens Jan. 10 on mckeany-flavell.com
Host: Michael Caughlan, President & CEO
Expert: Shawn Bingham, Director of Risk Management
Friday Dec 29, 2023
Enter the Year of the Dragon! Our predictions for 2024
Friday Dec 29, 2023
Friday Dec 29, 2023
- Dairy
- Herd will eventually stabilize and start to grow again
- We will begin 2024 with 50,000 fewer heifers than we did in 2023
- Milk output will begin to grow again by spring flush
- Buyers should be defensive and buy into weakness to extend coverage
- Cocoa
- Fundamentals are only now starting to catch up to the price move we have already seen
- Lag in arrivals and projected deficit is growing as we near the mid-point of the main-crop
- More price increases by large branded companies are expected as cocoa continues to trade at 47-year highs
- High prices will cause demand destruction manifest in retail sales figures
- Economy & energy
- First rate reduction at June FOMC: 100bp total 2024
- Core CPI falls to 3% and holds
- GDP averages closer to 1%, maybe a slight negative quarter mixed in
- S&P makes new record high, but returns come back down to earth in the 6-8% range
- Crude oil breaks the $68 soft floor and averages $65 despite an EIA forecast of $78
- Sugar
- # 11 sugar will trade up to mid-20s before coming back to current levels
- # 16 market will remain just below High Tier imports
- 2025 sugar negotiations will mirror 2024 negotiations
- Corn
- Acreage may lose to soybeans
- Ethanol demand stalls
- Exports robust
- Ending stocks remain over 2.0 billion bushels
- Wheat
- U.S. crop to reach 2 billion bushels next year, despite fewer planted acres
- Global stocks recover: 267 to 270 MMT
- La Niña watch in late 2024
- Edible oils
- Soybean oil use for biofuel to reach or surpass 13.4 billion lbs
- Despite this, soybean oil futures may finally meet their “new normal”: listen for that number!
- McKeany-Flavell’s Spring Market Seminar coming April 17, 2024!
- Mark your calendars, registration opens in January!
- Happy New Year!
Host: Michael Caughlan, President & CEO
Expert: Jeffrey Rasinski, Consultant
Expert: Shawn Bingham, Director of Risk Management
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Eric Thornton, Commodity Specialist
Expert: Nicole Thomas, Vice President – Information Services