Global Grains and Bakery Flour
Steve Freed, Consultant
Larger corn and sorghum crops more than offsetting smaller wheat, barley and oats crops are expected to account for increased global grains production in 2023-24. Fighting in the Black Sea region between two top world grain exporters continually recalculates world supplies nearly 20 months into the war. Meanwhile, bakers and other flour users have seen wheat futures turn mostly lower since July, basis remains rangebound, and millfeed prices have been weak. Webinar participants, including flour buyers and sellers, will gain insight into navigating domestic and global grain markets amid shifts in crop production and geo-political threats to supplies and logistics.
Drew Lerner, President and Senior Agricultural Meteorologist
World Weather, Inc.
For the last several years, La Niña, characterized by cold waters in the Pacific, has been blamed for dryness, severe in parts of North America, Europe, Asia, South America and Australia. More recently, El Niño, warmer Pacific waters, has emerged. Will drought end in Canada, the southern US Plains, northern Mexico, southern Europe and North Africa? This and other questions about weather and crop prospects will be explored in Mr. Lerner’s presentation.
Edible Oils and Shortening
Alex Norton, President
Beeson & Associates, Inc.
The see-saw ride – domestic and global – continues to roil edible oils market, as La Nina influences shifted to an El Niño weather pattern, as demand from renewable fuels manufacturers balloons competing with the food sector, and as geo-political turbulence disrupts the supply-and-demand picture. The Sosland Publishing Purchasing Seminar Winter Webinar will provide insight to help edible oils buyers and sellers navigate the market in 2024.
Ron Sterk, Senior Editor, Markets
Sosland Publishing Co.
The domestic sugar and corn sweetener markets have experienced historically high prices the past two years. Supplies have been tight for some sectors due to weather, inconsistent imports and other factors. The Sweetener presentation will provide insight into current supply, demand and pricing of sugar and corn sweeteners in the domestic market, influence from outside and world markets, and offer ideas about what food manufacturers may expect for sugar and other sweeteners in the year ahead.