• Wheat
  • Total yield improves to 48-50 bushels per acre
  • Ending stocks improve to over 583 million bushels
• CBD
  • More states legalize CBD for food use
• Economy
  • Covid finally fades from the economic landscape
  • Inflation forces the Fed to raise rates more than 75bp
  • S&P 500 ends lower than it begins
• Corn and soybean oil
  • More volatility
  • Tight commercial markets through FH 2022
• Sugar
  • World #11 price ranges $0.18 - $0.22 on lower Indian exports
  • Domestic production repeats itself in 2022, beet over 5.0 million
  • Domestic #16 raw sugar stays above $0.34 per lb
• Happy Holidays!

Host: Michael Caughlan, President & CEO Expert: Eric Thornton, Commodity Specialist Expert: Shawn Bingham, Director of Risk Management Expert: Nicole Thomas, Vice President – Information Services Expert: Craig Ruffolo, Vice President – Commodity Specialist