WASDE: Welcome 2024/25 to the party!

Wheat New crop 2024/25 U.S. wheat largely as expected Global stocks remain at a deficit Will it struggle to hit USDA’s estimate? Corn Global balance sheet seemingly growing more portentous? Baby steps! Soy complex U.S. soybean, soybean oil picture for 2024/25 suggests loosening stocks scenario A quick note on soybean meal Sugar Not many supply-side changes expected for production New crop 2024/25 showing good numbers Expecting healthy increases? No growth: What’s driving that? Don’t forget to register for our next webinar! Dairy Market Update on May 22, 2024 Look for your email invite or register directly at mckeany-flavell.com   Host: Michael Caughlan, President & CEO Expert: Eric Thornton, Commodity Specialist Expert: Nicole Thomas, Vice President – Information Services Expert: Kevin Combs, Vice President – Global Sweeteners Specialist