A rather chill WASDE for a hot August!

Corn Exports down: Still a little high? Domestic stocks maintain more than 2.0 billion for 2023/24 Soy complex Soybean yield lowered to 50.9 bushels per acre Globally, not many changes to production: Argentina still not reduced! Food consumption for soybean oil continues to be strong Wheat Little pullback in yield and acreage Exports lowered Many changes ahead for global production India wheat production stays the same: Why? China, EU, and Canada reduced: Makes sense Ukraine crop revised higher: Way to go, Ukrainian farmers! Sugar Sugar deliveries lowered once again: Should it be even lower? 2022/23 ending stocks up Production in Louisiana and Texas lowered Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Commodity Specialist Expert: Kevin Combs, Vice President – Global Sweeteners Specialist