Looking down the road: Our predictions for 2025

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