Touchdowns & a few flags called for January WASDE & grain stocks report

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