In memoriam: CME futures trading pits

• Open outcry has been silenced
• Remembrances from the past
• Impact on the markets
• UB Executive Conference. Thank you, Urner Barry!

Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Kevin Combs, Vice President – Sweeteners Specialist
Expert: Shawn Bingham, Director of Risk Management

A whole lot mooving in the dairy markets

• Milk product report
  • Milk output up slightly as herd continues to drop
• Fonterra GDT auction
  • Both skim and whole milk gain ground
• Cold storage report
  • Butter stocks fall
• Remember to register for our Wheat Fundamentals Webinar!
  • Eric Thornton covers all you need to know on wheat
  • Next Wednesday, Sep. 29, 2pm ET

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

Technically speaking with Shawn Bingham

• Break on through… Shawn's doors
• Managed money AUM sees big first-half increases
• Increased speculator activity
• Long liquidations continue, but funds not yet selling short
• Seasonal corn low may not be in, but the floor seems pretty clear

Host: Michael Caughlan, President & CEO
Expert: Shawn Bingham, Director of Risk Management

September WASDE recap: Friday fun!

• Corn and soy complex
  • Steady, but bump on yields for both
  • Soybean oil crush lowered
• Sugar
  • Adjustments galore!
  • TRQ imports trimmed by 96,000 STRV
  • Beet production raised
    • Damage assessments in Louisiana still underway after Hurricane Ida
  • Numerous changes in imports
• Wheat Fundamentals Webinar! Mark your calendars on Sep. 29!
  • Invites out soon

Host: Michael Caughlan, President & CEO
Expert: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Kevin Combs, Vice President – Sweeteners Specialist

What to expect from next week’s WASDE

• Expect USDA to be conservative
• We don’t anticipate any further reduction to yields for corn and soybeans
• Stay vigilant on orders
  • FEMA is going to stress pool of truck drivers over the next 5-6 weeks
• Craig’s college football picks!

Host: Michael Caughlan, President & CEO
Expert: Craig Ruffolo, Vice President – Commodity Specialist

The edible oils situation

• What’s on the horizon?
• Current soybean/soybean oil supply & demand
• Historically low availability
• Preparation and planning for 2022
• Nicole's video: Edible oils sourcing, supply, pricing, and volatility

Urner Barry Executive Conference | Las Vegas | Sept. 26-28, 2021

• Don't miss Nicole at Urner Barry's Executive Conference speaking on the grain and oilseed markets.

Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services

The sugar guru has spoken

• Beet crop yields encouraging
• Will #11 and #16 raw sugar futures move lower?
• Who the heck is DK Metcalf?

Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Sweeteners Specialist

A wild-n-crazy August WASDE

• Wheat
  • Global wheat production slashed
  • U.S. wheat balance sheet tightens further
• Corn
  • Yield down significantly
  • Reduction to production
    • Nicole’s song coming soon!
• Soy complex
  • Lower than average yields coming soon?
  • Ending stocks stayed the same
• Sugar
  • USDA indicates no policy announcements on sugar imports
  • No major S&D adjustment

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

Corn yield projection & WASDE estimates

• Corn yield exercise
  • What’s the number?
• Soybean and corn predictions for WASDE
• USDA may further reduce spring wheat production
• Global wheat production to fall

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

Running the bases on cocoa & chocolate

• High level review of Q2 grinds around the world by major reporting region
• Aggregated summary of global grind
  • How it's changed since start of the season
• Corporate earnings for H01 from some of the major chocolate/confectionery companies
• Cocoa prices and speculator activity over the most recent weeks
• McKeany-Flavell's education series
  • Edible Oils 101
  • Corn & Corn Sweeteners 101
  • Strategic Sourcing
  • Call +1 (510) 832 2866 to learn more!

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