May WASDE kicks off 2022/23 crop year with thrills or chills?

Wheat Today’s report was bullish for 2022/23 Wheat futures up sharply 2021/22 export numbers raised Corn No changes to 2021/22 2022/23 forecasted production down 4% Surprising change to yield: Way to under-promise and over-deliver! Soy complex Crush/exports expected to rise Good upcoming year for soybeans? USDA thinks so! Soybean oil share higher than meal share Sugar 2021/22 imports increased to reflect USDA quota increases and TRQ reassignments Beet production lowered 84,000 on late plantings Sugar deliveries increased for third consecutive month Host: Michael Caughlan, President & CEOExpert: Nicole Thomas, Vice President – Information ServicesExpert: Kevin Combs, Vice President – Sweeteners Specialist