Episode 544
Taking the over or the under? USDA releases Grain Stocks & Prospective Plantings reports
McKeany-Flavell Hot Commodity Podcast
March 31, 202625m 11s
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Show Notes
- Corn & soy complex
- Corn and soybean acres fall within acreage expectations, but what will the numbers actually look like by late June?
- Stocks seem adequate for both corn and soybeans
- The difference maker will be where those stocks reside
- Wheat
- Not the best fundamental news for wheat buyers
- All wheat acres forecasted at an all-time low of 43.8 million acres
- 2026/27 production decline risk is very likely with fewer acres, and the hard red winter wheat crop is currently dealing with a weather issue
- Ending stocks up 5%: Deficit risk in the long term?
- Not the best fundamental news for wheat buyers
- Sugar
- Beet sugar area down 1.5%
Host/Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Vice President