McKeany-Flavell Hot Commodity Podcast

Delta variant & its impact on markets, plus a sugar spike!

• Daily new COVID-19 cases are on the rise again
  • Delta variant rapidly growing
  • Markets to monitor?
  • Impact on the “reflation” trade could keep pressure on commodities
• Sugar
  • #16 raw sugar prices spike to $0.36
  • Hurricane season underway, supporting raw sugar prices
  • USDA reassigns only 76,000 tons, disappoints trade
• Mark your calendar for our next webinar: July 28
  • The first of a series where we’ll cover hot new ingredients!
  • Registration available soon!

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

All about sugar: Fireworks, hurricanes, & more!

• Fireworks hitting sugar futures markets early
• Frost hits Brazil
• Hurricane Elsa targeting Florida?
• Happy Fourth of July!

Host: Eric Thornton, Commodity Specialist
Expert: Kevin Combs, Vice President – Sweeteners Specialist

Ohhh nooooo… Acreage report analysis

• Wheat
  • Wheat acres increase 300,000 acres to 46.7 million acres
• Corn and soy complex
  • Corn, soy acreage well below analysts’ expectations
  • Stocks, disappearance reflects strong year of demand

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

Acreage report preview: Get it while it’s hot!

• Wheat
  • Spring wheat acres are forecasted to decline
• Corn and soy complex
  • Corn and soybeans attempt to beat up the competition
• Login to our IQ platform to hear Shawn break down the technicals on pricing.
  • Not a subscriber? Email us to find out more!

Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Commodity Specialist
Expert: Shawn Bingham, Director of Risk Management

 

Hemp & CBD: Easy as 1-2-3!

• 2021 hemp licenses are down vs. 2020
• Demand for CBD steady in the US, growing globally
• Regulatory gamechanger on the horizon?
• Happy Father’s Day!

Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist

 

Everyone's doin' the WASDE shuffle! Sugar, corn, soybeans, & wheat

• Sugar
  • Sugar imports lowered 50,000 STRV for re-export program
  • Stocks-to-use lowered to 14.3%  
• Corn
  • U.S., global corn stocks fall further
• Soybeans
  • Lower soybean crush?
• Register for our upcoming Summer Market Outlook webinar, June 17!

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

A pre-WASDE chat: Sugar, corn, soybeans, & wheat

• June WASDE is more about old crop revisions typically
• Sugar
  • Little changes with no adjustments to imports from USDA yet
• Corn
  • Production in Brazil likely to be significantly lower
• Wheat
  • Yields to increase?
  • Early ratings for Spring wheat are very poor
• Register here for our Summer Market Outlook Webinar, Thurs., June 17!

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

 

UP-dates on sugar & dairy prices

• Sugar
  • Raw sugar prices skyrocket
  • Ingredients for refined sugar market are in the pot
  • Contract negotiations for 2022 have commenced
• Dairy
  • USDA releases Milk Production Report and Cold Storage Report
  • Herd count and milk yield at all-time highs
  • Why are prices still going up?

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

Tech talkin' corn, soybean oil, & speculator interest

• Recent weakness turning short-term technical trend in some grain futures contracts
  • Long-term models still clearly bullish
• Estimated average speculator positions in corn and soybean oil a long way from being underwater and forcing liquidations
  • It’s all profit taking right now
• On this day in history:
  • 1927: Charles Lindberg solos across the Atlantic Ocean
  • 1932: Amelia Earhart does it again!
  • And (drum roll, please) 1973: Mike Caughlan is born… Happy Birthday, Mike!

Host: Nicole Thomas, Vice President – Information Services
Expert: Shawn Bingham, Director of Risk Management

Protein prep with Brian from Urner Barry

• Urner Barry introduction
• All about the egg market
• Bad egg puns
• Protein market update
  • What’s going on with chicken?

Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist
Guest: Brian Moscogiuri, Dir. of Egg and Egg Products, Urner Barry