Contracting is nearing its completion Results are a mixed bag Corn prices were not a factor Product demand assisted in price offers for 2025 Wet mill operations show little change New production at Ft. Dodge and Shenandoah U.S. Corn Wet Milling Industry Study, 2023 Edition! What buyers, consumers, and investors need to know Processes, products, pri…

Little change in total U.S. herd: Where are we sitting now? Yield or productivity per cow at the farm level How has total milk output been measured on a cumulative YTD basis through October? Missed our webinar on Wednesday? Watch now on IQ! Revisiting Systematic Timing Models: A Secret Weapon for Procurement Risk Management Not an IQ subscriber but…

Weather NOAA’s latest odds of a La Niña are declining: Will it actually arrive? Winter weather expectations may not be as threatening to crops like wheat The markets CPI sees three consecutive months of increases How much did the PPI move over the last three months? Fed Powell surprises market with hawkish comments Don’t forget to register for next…

Sugar USDA adjusts for early harvest sugar Shifts in old crop numbers Wheat Few changes for wheat, global stocks remain steady at 257 MMT Shout out to Kazakhstan with a 2 MMT increase to production! Corn & Soy Complex Both U.S. corn and soybean yields reduced (and much more for the latter). Ending stocks of soybean oil growing more ominous for 2024…

With hefty chocolate prices scaring consumers, will we see a bias for sugar-based confectionery treats? Prices at the grocery store: Chocolate candies vs. sugar, candy, and gum Retailers are promoting more aggressively to move products Will price increases continue to insulate most companies on earnings/sales? Mark your calendars for our next webin…

Weather trending more bullish by the month for wheat U.S. wheat exports up YOY, but pace is slowing Global supply tightening leading to elevated edible oils prices Geopolitical factors, election outcome, and consumer behavior are impactful unknowns for vegetable oil consumption U.S. Corn Wet Milling Industry Study, 2023 Edition! What buyers, consum…

Energy volatility has been heightened by the ongoing events in the Middle East Disruption to the flow of crude through the Strait of Hormuz remains the biggest risk U.S. oil production reaches a new peak Could global economic slowing see WTI spend more time below $70 than above? Webinar next week! Fall Market Outlook Wednesday, October 23 Registrat…

Wheat U.S. wheat stocks decline, but still up YOY Soy complex Soybean & soybean oil balance sheets unchanged Corn See soy complex Sugar Beet sugar production up 2023/23 high-tier raised by how much? Now available for purchase! McKeany-Flavell’s U.S. Corn Wet Milling Industry Study, 2023 Edition What buyers, consumers, and investors need to know Vis…

The strike is off! (at least for now…) Good jobs report with some points of consideration Turmoil in the Middle East putting at least a temporary floor beneath futures prices Don’t forget to register for our next webinar Fall Market Outlook on October 23, 2024 Registration opens week of Oct. 7 at mckeany-flavell.com Clients check your inboxes Host/…

September stock revisions Net bullish for corn Neutral for soybeans Wheat production fell by how much? Harvested area for wheat increases, while yield falls Next webinar! Fall Market Overview Wednesday, Oct. 23, 2024 Registration opens week of Oct. 7 at mckeany-flavell.com Clients check your inboxes Host: Michael Caughlan, President & CEO Expert: E…

Would you like cheese, butter, nuts, eggs, or frozen fruit? What makes butter inventory so key this time of the year? The key differences between butter: U.S. vs. Europe Can New Zealand step up and potentially supply product to Europe? Butter in cold storage is in decline, but what’s the whole story? Are butter prices relaxing? Let’s talk cheese in…

#11 raw sugar futures rallying, up 5 cents in last month Dryness in Brazil reducing 2025 production expectations India not expected to export sugar despite industry calls to do so Don’t forget to register for next week’s webinar! Energy Markets Update on September 25, 2024 Registration is now open! Check your email or visit mckeany-flavell.com Host…

Wheat Tame WASDE for wheat No change on the U.S. balance sheet EU production cut 4 MMT: Is it enough? Corn and soy complex Corn and soybeans are snoozers Will bearish conditions continue for now? Sugar The old crop is finalizing, while the new crop is just getting started 2023/24 sugar stocks up! 2024/25 Mexican imports lowered? U.S. Corn Wet Milli…

Acreage expectations: the case could be made for more wheat acres for 2025/26 Current conditions are not ideal and La Nina’s influence could cause issue this winter McKeany-Flavell’s U.S. Corn Wet Milling Industry Study, 2023 Edition All industrial buyers and consumers of corn-derived products, as well as investors in that field, should understand …

Two theories for the shape of the forward curve What is a normal forward curve? Risk-free arbitrage Over and under supplied markets Corn, soybeans, and wheat The importance of a meat thermometer this holiday weekend Now available for purchase! McKeany-Flavell’s U.S. Corn Wet Milling Industry Study, 2023 Edition What buyers, consumers, and investors…

Most recent changes made by USDA on milk production and herd size How have revisions USDA has made to prior numbers affected the outlook? Where we stand on YTD milk output What do dairy buyers need to be on the lookout for? Next webinar! Economy and Energy Wednesday, Sep. 25, 2024 Registration opens on Sep. 11 at mckeany-flavell.com Clients, check …

What’s the global oilseed outlook for 2024/25? How are prices trending? Coverage advice Avian flu observations Impact on feed consumption? U.S. Corn Wet Milling Industry Study, 2023 Edition! What buyers, consumers, and investors need to know Processes, products, pricing, and growth potential Visit us at mckeany-flavell.com to purchase your copy tod…

Wheat Wheat acres take a big hit! Ending stocks drop but still up vs. last year Corn and soy complex Soy snatches acreage from corn brethren! But do both appear amply supplied for 2024/25? Sugar 2024/25 beet production increased to a new record Old crop and new crop sugar deliveries for food use lowered U.S. Corn Wet Milling Industry Study, 2023 Ed…

Farm Bill Possible to get this passed before the November elections? Beet sugar Harvest for 2024/25 crop is upon us! Signs of a sizable crop? Cane sugar Florida crop predictions: Could it surpass Louisiana? U.S. Corn Wet Milling Industry Study, 2023 Edition! What buyers, consumers, and investors need to know Processes, products, pricing, and growth…

Dairy operators Trends in the herd What are the current conditions they’re facing? July milk production report Shedding any light? Now available for purchase! McKeany-Flavell’s U.S. Corn Wet Milling Industry Study, 2023 Edition What buyers, consumers, and investors need to know Visit us at mckeany-flavell.com to learn more Host: Craig Ruffolo, Vice…

Kicking off the Olympics today with the McKeany-Flavell Global Commodity Dash! The history of the Olympic rings and the regions that each ring represents: Europe, Asia, Africa, Australia, and America What's topical from a macro and micro commodity perspective for each region? Production, supply, demand, economics, prices, and more Don’t forget to r…

Risk and opportunity identification State of the market Potential outside forces Create and execute a plan Measure performance Mark your calendar for our next webinar! Wheat Market Update Wednesday, July 31 Registration opens July 17, watch your email or visit mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Shawn Bingham, Direct…

Sugar 2023/24 ending stocks increased Beet sugar increased for both old and new crop Wheat USDA blew away expectations with big increases to wheat production Wheat ending stocks now largest since 2019/20 Global stocks rise, but not likely to hold Corn Feed category providing its usual late-season surprise for corn Soy complex Global soybean balance…

How have consumers been handling food inflation? What might food manufacturers do to respond? Is there a light at the end of the tunnel? Mark your calendar for our next webinar! Wheat Market Update Wednesday, July 31 Registration opens July 17, watch your email or visit mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Nicole Thom…

Corn steals the show with an increase in acres! What’s the number? Higher corn acreage pencils stocks-to-use in at over 15% Did corn producers take advantage of the June seasonal rally? March to June stocks change suggests they did not Farmers still have full grain bins What does that mean for any price rallies? Soybean acres take a hit How does th…

Update on the U.S. winter wheat harvest and spring wheat conditions Russia’s crop bigger than expected? U.S. exports are strong Up 25% YOY Don’t forget to register for our next webinar! Summer Market Outlook on June 26, 2024 Look for your email invite or register directly at mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Eric T…

Will Brazilian sugar share surpass 50% this year? Is world market becoming too reliant on Brazil? Upcoming monsoonal rainfall key to production in India and Thailand Our next webinar is coming up! Summer Market Outlook on June 26, 2024 Look for your email invite or register directly at mckeany-flavell.com Host: Michael Caughlan, President & CEO Exp…

June WASDE is the “appetizer before the entrée” No major changes All eyes on the Jun. 28 Acreage report Wheat U.S. wheat exports on the rise as Black Sea output falls Corn / Soy Complex No changes to U.S. corn Small true-ups in soy complex Sugar Current crop beet sugar production lowered High-tier imports increased for current and new crop Mexico e…

Weather’s been good, but you never know! Biofuel production to grow in 2024/25 No exports? Not just yet… Don’t forget to register for our next webinar! Summer Market Outlook on June 26, 2024 Look for your email invite or register directly at mckeany-flavell.com Host/Expert: Eric Thornton, Commodity Specialist Expert: Nicole Thomas, Vice President –…

Will Mexico imports reach 650,000 MT? June is the start of the rainy season, but will we get any rain this summer? The 2024/25 production forecast How does this affect HFCS heading to Mexico? Our next webinar: Summer Market Outlook on June 26, 2024 Look for your email invite or register directly at mckeany-flavell.com Host: Michael Caughlan, Presid…

Weather has improved! What does that mean for the tail end of the mid-crop and pod setting for next year’s main crop? Cocoa bean arrivals continue to lag, but have they been under reported? Why have Coffee and Cocoa Council (CCC) suspended operations for 40 coops? Mark your calendar for our next webinar! Summer Market Outlook webinar Wednesday, Jun…

PPI: inflation is too hot! CPI: is inflation cooling too fast? Jobs growth slowed markedly What’s unemployment doing? What to expect for future inflation after bottoming in December Market's rate cut expectations holding steady this week, but is this counter to the Fed’s own statements? Next webinar is on Wednesday! Dairy Market Update on Wednesday…

Well attended event put on by the National Confectioners Association Lots of sour going on! Freeze-dried candy: What was Mike’s favorite? Talk from all of the chocolate companies Switching from chocolate to compound? Using less amount on the product? And the winner of this year’s Candy Industry Kettle Award goes to… Our next webinar: Dairy Market U…

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…

How does the world sugar market affect the U.S. market? We’re at the lower range: Where do we go from here? Brazil sugar Expected record crop, but has that been walked back? India and Thailand sugar Will we see any more downside with the monsoon season coming soon? Our next webinar: Dairy Market Update on May 22, 2024 Check your email or register a…

Corn plantings and the five-year average What states are leading in soybean plantings? Where sugar beet plantings stand in the Red River Valley Our next webinar: Dairy Market Update on May 22, 2024 Check your email or register at mckeany-flavell.com beginning May 8 McKeany-Flavell’s Spring Market Seminar videos available soon! Registered attendees …

A status check on winter wheat conditions and the latest weather Are concerns brewing? Prices largely still stuck in a sideways trading range Global wheat production estimates are trending slightly lower That’s a wrap! McKeany-Flavell’s 2024 Spring Market Seminar is done! A special thanks to our wonderful guest speaker, Christian Moeller, Co-Founde…

Movers and Shakers Technology. Sustainability. Opportunity. Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Commodity Specialist Expert: Jeffrey Rasinski, Consultantโดย McKeany-Flavell

Corn Global corn stocks under pressure: More to come? USDA vs. CONAB: Cage match! Soy complex Domestic soybean stocks keep growing And soybean oil too! What to watch for moving forward Wheat Wheat feed demand cut Good news for hard red spring wheat buyers! Sugar Beet sugar lowered on concern of warm temps in Midwest Mexico imports down: Production …

How many jobs were created last month? It’s a substantial number Unemployment edged down Average hourly earnings: Is it covering inflation? Fed cuts still likely McKeany-Flavell’s Spring Market Seminar: Movers & Shakers In less than two weeks! April 17, 2024 Register at mckeany-flavell.com Better hurry! Seats are filling up fast! Host: Kevin Combs,…

Corn and soybeans Corn shocker! Soybean, not so much Wheat A surprise in acreage Which wheat class is at a six-year high? Sugar Acreage numbers are curiously down; find out why McKeany-Flavell’s Spring Market Seminar: Movers & Shakers April 17, 2024 Register at mckeany-flavell.com Hurry! Seats are filling up fast! Host: Shawn Bingham, Director of R…

Who is Lionheart Farms and what do you do? The down-low on coconut sap: A unique ingredient! What makes coconut palm one of the most efficient crops? What can users of coconut products expect in 2024? Mark your calendars! Upcoming webinar: Spring Market Outlook Webinar Tomorrow! Wednesday, March 27, 2024 Register at mckeany-flavell.com McKeany-Flav…

NIOP (March 17-19, Las Palmas, CA) Attended by Nicole and Marilyn The National Institute of Oilseed Products Renewable diesel update Soybean oil: Food vs. fuel Western Candy Conference (March 20-24, Scottsdale, AZ) Attended by Mike and Kevin Lots going on with 3-D printing Commodities panel What’s the latest on sugar negotiations? Mark your calenda…

Hot trends seen at this year’s expo Products that were MIA The hot, new innovative products coming to market soon Keep an eye out for your McKeany-Flavell rep next week: Nicole and Marilyn at NIOP (March 17-19, Las Palmas, CA) Mike and Kevin at Western Candy Conference (March 20-24, Scottsdale, AZ) Mark your calendars! McKeany-Flavell’s Spring Mark…

Grains markets: Quiet overall Corn Corn stocks left unchanged Global ending stocks reduced Soy complex No increase in ending stocks or demand categories Brazil soybean production down, differing from CONAB’s numbers Soybean oil ending stocks raised minimally Sugar Beet production lowered due to pile shrink Cane production increased, with a special …

Introduction to Eggs Unlimited All about the other AI (avian influenza) and its impact on the egg industry Egg prices over the last ten years The lowdown on cage-free What to watch out for moving forward Are eggs really a superfood? Mark your calendars! Upcoming webinar: Spring Market Outlook Webinar Wednesday, March 27, 2024 Register at mckeany-fl…

Big difference between 2023 and 2024 Less pressure to book this year Lots more people attending! Seeing more small users What was a major talking point? High-tier imports Shout-out to the volatile cocoa market for making an appearance Mark your calendars! Upcoming webinar: Spring Market Outlook Webinar Wednesday, March 27 Register at mckeany-flavel…

2025 sugar talk and negotiations are real Buyers should be prepared ahead of time Corn wet milling talk around net corn Demand weakness present in many markets, including sugar Don’t forget your sunscreen! McKeany-Flavell’s Spring Market Seminar is fast approaching! April 17, 2024 in Oakbrook, IL Theme: Movers & Shakers (Technology. Sustainability.…

CPI numbers: The inflation fight is not over! Cocoa futures set a record high High cocoa butter prices: Sustainable? Chocolate companies: Update on layoffs What to expect moving into spring Chocolate demand? Look to the Q4 grind numbers Mark your calendars! McKeany-Flavell’s Spring Market Seminar coming April 17, 2024! Register now at mckeany-flave…

Corn / soy complex Not much in the way of change for U.S. corn / soy complex balance sheets Can we get USDA and CONAB to chat ahead of time? Wheat Only a few changes for wheat Most notable: food demand cut 10 million bushels NOAA news more impactful: La Niña watch for H2 2024 Sugar Beet production lowered while cane is increased Mexican sugar impor…