Explore every episode of the podcast McKeany-Flavell Hot Commodity Podcast
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Title
Pub. Date
Duration
Cocoa & sugar headaches & closures: What’s the cure?
25 Apr 2025
00:14:13
Cocoa
Why is cocoa remaining a commodity headache?
Q1 2025 cocoa bean grinds were better than expectations
U.S. cocoa bean stocks improve
Sugar
Brawley, CA sugar beet plant to close
What does it mean for the sugar market?
Thanks to all who participated in our 2025 Spring Market Seminar!
Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Senior Commodity Advisor
What are edible oil users wondering about this week?
18 Apr 2025
00:29:16
The dreaded “T” word and its impact on a few edible oil categories
Why the bullishness in soybean oil futures?
Join us next Wednesday, April 23!
McKeany-Flavell’s 2025 Spring Market Seminar: Industry Trends & Consumption
Live online event! Free for all clients!
Not a client? It’s only $395 per person to attend!
Host: Michael Caughlan, President & CEO
Expert: Shawn Bingham, Director of Commodity Risk Management
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Eggs & avian flu update
04 Apr 2025
00:10:27
Recent avian flu hits & spring migration
Egg supply & current demand
A sneak peek at eggs being covered at our Spring Seminar
McKeany-Flavell’s 2025 Spring Market Seminar: Industry Trends & Consumption
Host/Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Senior Commodity Advisor
March Madness continues next week as USDA takes on Grain Stocks & Prospective Plantings!
28 Mar 2025
00:12:52
Market expects more corn acreage vs. soybeans, but just how much?
Wheat acres could see a small increase vs. last year
Wheat futures also reach fresh contract lows today: Great buying opportunity!
Grain stocks may surprise more than the acreage report, so too could the Apr. 2 tariff deadline
McKeany-Flavell’s 2025 Spring Market Seminar: Industry Trends & Consumption
Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Senior Commodity Advisor
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Tariffs: What we know today
07 Mar 2025
00:27:16
Outlining risks and impacts in the short- and long-term for grains and softs
Import tariffs and agricultural products coming in…
Impact on some edible oil, corn-derivative, cocoa, and sugar markets
Retaliatory tariffs and agricultural products going out…
Impact on corn, wheat, soy complex, and meat exports
Wheat
Impacts net bearish long term, but regional basis could rise without Canadian wheat imports
Cocoa
Cocoa products from Canada subject to “pantry loading” ahead of tariffs—or users pushing out orders to avoid tariffs
Sugar
Mexican sugar imports at risk of tariffs—longer-term price implications
Bearish corn, soybeans, and soybean meal but very supportive for soybean oil
Smaller and niche edible oil markets most impacted by import tariffs
Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Senior Commodity Advisor
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Economic roundup: Jobs & wages, the Fed, tariffs, & commodities
07 Feb 2025
00:16:12
Jobs number disappoints slightly but revisions to prior months were positive
Unemployment rate falls to lowest in eight months
Wage growth is accelerating but will it keep the Fed sidelined?
Final tariff policy and impact still a big unknown: Leaning towards inflationary?
McKeany-Flavell’s 2025 Spring Market Seminar: Industry Trends & Consumption
Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Brrrr! It’s cold out there! Polar vortex hits the U.S.
24 Jan 2025
00:12:40
What impacts did we see from the harsh winter weather this week?
Louisiana cane crop concerns
Winter wheat threatened
Rumors of peace negotiations between Russia and Ukraine
Next week! Don’t miss our Key Ingredients in 2025 webinar
Wednesday, January 29, 2025 at 11 am PT / 2 pm ET
Register now at mckeany-flavell.com or look for your invite starting next week
Host: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Eric Thornton, Senior Commodity Advisor
Jobs, inflation, & policy: No shortage of volatility!
17 Jan 2025
00:28:27
December jobs boost economic expectations
December FOMC points to higher inflation and fewer rate cuts
Policy decisions to ban future oil drilling and add new sanctions to Russia, along with threats from Canada, spike crude prices
January WASDE bullish to grain market?
No shortage of volatility ahead of next Monday’s Inauguration Day!
Our next webinar: Key Ingredients in 2025
Wednesday, January 29, 2025 at 11 am PT / 2 pm ET
Register now at mckeany-flavell.com or if you’re a client, look for an invite in your inbox
Host: Nicole Thomas, Vice President – Information Services
Expert: Shawn Bingham, Director of Commodity Risk Management
January WASDE: Exciting, surprising, & revealing
10 Jan 2025
00:27:23
Corn and soy complex
USDA surprises with reduced U.S. production for corn, soybeans
Domestic soybean oil balance sheet is likely more ominous than ending stocks would indicate
Wheat
Winter wheat acres on the rise! Up how much from 2024?
Grain stocks and WASDE about as expected
Sugar
Beet production increased
A boost to stocks-to-use ratio
Our next webinar: Key Ingredients in 2025
Wednesday, January 29, 2025 at 11 am PT / 2 pm ET
Register now at mckeany-flavell.com or look for your invite starting next week
Our thoughts and prayers are with those affected by the LA fires
Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Senior Commodity Advisor
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
School’s in session! Futures market speculators
03 Jan 2025
00:25:43
Commodity trading advisor (CTA) assets under management
Down from 2022 peak but still significant
Large CTAs trade as many as 250 futures contracts globally
Which category manages the majority of assets?
Between January 2021 and February 2024, fund managers rode corn from record-long to record-short positions
How many contracts did they sell?
How were speculators positioned in last year's soybean oil market?
Lack of speculator liquidity likely helped fuel cocoa rally in 2024
Mark your calendars for our next webinar! Not to be missed!
Host: Michael Caughlan, President & CEO
Expert: Shawn Bingham, Director of Commodity Risk Management
Looking down the road: Our predictions for 2025
27 Dec 2024
00:33:39
Corn
Corn acres will go up on better returns than soybeans
Feed demand may shrink due to continued issues of avian flu
Exports are being front-loaded but could stall in the second half
Could ending stocks equal 2024?
Sugar
At what prices will sugar futures be trading in 2025?
Strong supplies and slightly lower demand in 2025 to pressure 2026 contracting, but by how much?
Wheat
Ditto or status quo on 2025 vs. 2024?
What to expect from 2025/26 U.S. stocks surplus, as well as global stocks
Expectations for 2025/26 U.S. wheat exports
Two more countries will approve HB4 GMO wheat: Guesses as to who
Soy complex & edible oils
Prevailing prediction: Volatility!
Uncertain biofuel and economic pictures provide a broad range of price possibilities
Does avian flu spreading to mammals fill more of the conversation in 2025?
Economy & energy
Let’s talk basis cuts from the Fed
How will the CPI and GDP hold up?
Observations for WTI crude oil: What to expect
Happy New Year!
Host: Michael Caughlan, President & CEO
Expert: Craig Ruffolo, Vice President – Commodity Specialist
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Eric Thornton, Senior Commodity Advisor
Expert: Nicole Thomas, Vice President – Information Services
Expert: Shawn Bingham, Director of Commodity Risk Management
A holiday poem, McKeany-Flavell style
20 Dec 2024
00:07:43
Find a warm, cozy spot and listen to Nicole showcase her annual holiday poem, as only she can do.
Happy Holidays!
Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Vibe check on the wheat market
13 Dec 2024
00:15:31
U.S. winter wheat crop conditions are strong heading into winter
Is La Niña still forecasted?
Speculators may liquidate hefty short positions
Russia/Ukraine war full of uncertainty and will enhance volatility
What to expect from commodities in 2025?
Keep an eye out for our 2025 predictions podcast coming to you soon!
Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Senior Commodity Advisor
Ho ho holy December WASDE!
10 Dec 2024
00:15:51
Wheat
Wheat exports increase
Stocks fall
Soy complex
Soybean balance sheet unchanged for U.S.
Global stocks still huge
Corn
Production down globally
Stronger use for corn in the U.S.
How’s ethanol demand looking?
Sugar
USDA raises import level: How disappointed will Mexico be?
Believe it or not, the International Sweetener Colloquium is right around the corner! (February 23-26, 2025): See you there!
Keep an eye out for our 2025 predictions podcast! Coming to you soon.
Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Senior Commodity Specialist
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Winning in edible oils is all about the fundamentals!
06 Dec 2024
00:19:38
Market fundamentals
Global markets
European production issues for crops
Domestic markets
Latest crush report shows 10-year lows
How likely are we to see sustained price relief for vegetable oils?
The incoming U.S. administration spells lots of uncertainty
Biofuel policy, imports, tariffs, and even TikTok
Used cooking oil and its effect on soybean oil usage in biofuels
Interested in learning more about coconut oil products?
Host/Expert: Shawn Bingham, Director of Commodity Risk Management
Expert: Eric Thornton, Senior Commodity Advisor
The November USDA WASDE bullish award goes to...
08 Nov 2024
00:30:40
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 2024/25
Register for our next webinar on November 20, 2024 at 2:00 PM ET!
Revisiting Systematic Timing Models
Visit mckeany-flavell.com to reserve your seat today!
Host/Expert: Nicole Thomas, Vice President – Information Services
Experts: Kevin Combs, Vice President – Global Sweeteners Specialist
Eric Thornton, Senior Commodity Advisor
Will this Halloween be spooky for chocolate lovers?
31 Oct 2024
00:14:28
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 webinar!
Revisiting Systematic Timing Models with Dir. of Risk Management, Shawn Bingham
Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Nicole Thomas, Vice President – Information Services
Will this winter wheat planting season give us chills?
06 Sep 2024
00:15:37
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 the corn wet milling process, product portfolio, pricing, and industry growth potential.
Host: Michael Caughlan, President & CEO
Expert: Eric Thornton, Commodity Specialist
Expert: Nicole Thomas, Vice President – Information Services
Expert: Kevin Combs, Vice President – Global Sweeteners Specialist
2024 ASA International Sweetener Symposium Recap
09 Aug 2024
00:15:41
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 potential
Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Global Sweeteners Specialis
Expert: Eric Thornton, Commodity Specialist
Expert: Nicole Thomas, Vice President – Information Services