McKeany-Flavell Hot Commodity Podcast

Looking Back at Our 2018 Predictions & Forward to 2019: Farm Bill, Labeling Laws, & More

• Farm bill
  • We nailed it!
• Bio-engineering labeling law
  • Nailed it again!
  • Sugar outlook as a result
• NAFTA
  • We're only human
  • Mixed results to report
• Consumer trends for 2018
  • What we called
    • Transparency and labeling
    • Plant-based milks and proteins
  • Anyone up for a cold brew coffee?
  • What we look for in 2019

Happy Holidays!

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

It's WASDE Recap Time: Sugar, Corn & Soybeans

• Sugar
  • Stock-to-use reset
  • Mexico gets its wish?
  • Keeping an eye on deliveries
• Corn and soybeans
  • Is the increase of U.S. corn stocks a sign of what’s to come?
  • Global soybean stocks keep rising, limiting bullish potential for futures

Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Craig Ruffolo, Vice President – Commodity Specialist

Sugar: USDA WASDE Preview, Imports, Stock-to-Use, & Demand Updates

• Will USDA reset imports and give Mexico additional access?
• How will USDA adjust stocks-to-use in the December WASDE?
• Sugar demand is the key and may force USDA to delay a hike in imports

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

Nicole Gets Technical with the Ag Markets

• Limited market volatility anticipated for corn futures
• For soybean futures, does a trade resolution really matter now?
• Fibonacci retracement and #11 sugar futures

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

It’s a Thanksgiving Corn Fest!

• Corn market volatility lower than for other commodities
• Are fundamentals keeping a cap on corn prices?
• Soybean price moves are having limited influence on corn
• The drop in crude oil seems to have had no impact on corn
• Uncle Kevin’s famous corn pudding recipe 
• Happy Thanksgiving!

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

What’s Going on in Dairy? We Ask Our Guest, Phil Plourd!

• What are prices doing?
• Time to extend coverage?
• What factors could turn the market bullish?
• What is your perspective on trade with Canada and Mexico?

Host: Michael Caughlan, President & CEO
Special Guest: Phil Plourd, President, Blimling and Associates, pplourd@blimling.com, www.dairy.com 

Prepare to Be Amazed: Another WASDE Recap

• Sugar
  • Adjustments to demand and beet production
  • Sugar stock to use under target of 13.5 percent
• Corn
  • Reduction in corn yield results in little impact on corn price
  • Corn demand steady
• Craig tells tales from the ABLC Global Conference!

 

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

Farm Bill: A Deeper Dive into the Impact on Sugar

• Sugar policy will stay same under a new Farm Bill?
• Sugar policy creates price floor and cap
• Don’t look for a new Farm Bill until Q1 2019

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

Catching Up with #11 World Sugar

• Impressive rally over the last month!
• Factors driving the market
  
  • Brazil increases ethanol processing
  • Higher energy prices
  • U.S. sanctions
  • Noncommercial short covering
• What does the future hold?
  • Fundamentals at play
  • Stocks and global surplus
  • Stagnate consumption growth
• “The cure for low prices is low prices.”
  –Dr. Craig Ruffolo

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

Fun Times with Crop Progress & Cocoa

• Corn and sugar
  • Poor weather slows crop progress and harvest
• Cocoa
  • Recap of Q3 grinds for major regions
  • Factors that could bull the market
  • What would Doug Flutie do? Go long!

 

Host: Michael Caughlan, President & CEO

Expert: Craig Ruffolo, Vice President – Commodity Specialist