McKeany-Flavell Hot Commodity Podcast

May WASDE springs some surprises

• Corn
  • 2020/21 domestic corn stocks drop further
• Soybeans
  • 12 billion pounds of soybean oil “biofuel” usage?
• Sugar
  • 2021 sugar forecast at record 9.310 million STRV
• Wheat
  • 2021/22 wheat outlook shows lower ending stocks
  • 900 million export target for 2021/22
    • Lowest since 2009/10

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

Pre-WASDE wonderment

• Corn/Soybeans
  • Market awaiting first look at 2021/22 for corn, soybeans.
  • More global stock declines to come?
• Sugar
  • Small changes for 2021 sugar S&D expected in WASDE report
  • Initial 2022 estimates based on March planting intentions and trendline yields
• Happy Mother’s Day to all the mothers out there!

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

More wild rides through the soy complex!

• Soy oil futures test $0.70 per pound!
• Current market conditions—and maybe for the long-haul
• For IQ Plus and Premier Subscribers
  • Strategy development for a challenging oils market

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

Inflation: It’s a mad, mad, mad, mad world

• Inflation and factors impacting it
• What to expect this year
• Spring Seminar next week! Join us on Apr. 27 and 28 at our virtual Spring Market Seminar 2021! Register here!

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

 

How’s the weather?

• Brazil/South America outlook is dry as we approach May (the dry season)
• North American weather outlook
• Dakotas are very dry
• Our spring seminar is less than two weeks away, on Apr. 27 and 28!
  • The Food Revolution Resumes! Register today!

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

 

WASDE: Steady as we go

• Sugar
  • Bit of a yawner
  • Production lowered 30,000 STRV, but high tier imports offset with 30,000 STRV increase
• Corn
  • Stocks lowered 150 million bushels on increased demand
• Soybeans
  • No change in ending stocks
• Wheat
  • Stocks rise in the U.S. but fall globally
• And don’t forget to register for our Spring Seminar coming up April 27 and 28. The Food Revolution Resumes!

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

Who got the acreage? Prospective Plantings & Grain Stocks reports explained

• Soybeans and corn
  • Snikes! Acreage numbers severely miss expectations
  • Stocks fall within the range of forecasts
• ​Wheat
  • Wheat acres rise to 46.4 million acres
  • Winter wheat acres up 9 percent
• Sugar
  • Sugar beet acreage up 6,800 acres
• Gonzaga will win the NCAA Basketball Championship!
• And don’t forget to register for our Spring Seminar coming up April 27 and 28. The Food Revolution Resumes!

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

Planting intentions expectations: Sugar, corn, soybeans, & wheat

• Sugar
  • Beet: minimal increases
  • Cane: aggressive expansion for Louisiana?
• Wheat
  • Spring wheat: expecting to see reductions
• Suez Canal
  • We’re sending Dario to help!
• And don’t forget to register for our Spring Seminar coming up April 27 and 28. The Food Revolution Resumes!

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

Live (virtually) from the 2021 Western Candy Conference!

• Recap of Western Candy Conference
  • Brand creation and promotion
  • Cyber protection and security
  • Politics and sugar policy
• Become a member of the Western Candy Conference. We did!
• And don’t forget to register for our incredible Spring Seminar coming up April 27 and 28. The Food Revolution Resumes!

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

Nicole takes a wild ride through the soy complex!

• Brief history of how the soy complex reached recent heights
• Soybeans, soy meal under pressure—not soybean oil!
• Strength in demand across multiple categories
• Join us on Apr. 27 and 28 at our virtual Spring Market Seminar 2021!
  Register here!

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