McKeany-Flavell Hot Commodity Podcast

Corn & soy complex USDA again lowers U.S. corn yield for 2026/27 Brazil and Argentina corn production raised Domestic soybeans, soybean oil stocks get tighter Wheat Few changes to wheat, as it takes a backseat to corn and soybeans Added production to Argentina and Australia once again, helping global stocks rise Sugar Production cut quite a bit, boosted by an early harvest How are Florida and Louisiana looking? Big change with deliveries Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Vice President Expert: Kevin Combs, Vice President – Global Sweeteners Specialist

October jobs nearly triple expectations Manufacturing jobs increase for five consecutive months YOY corporate earnings feature manufacturing and information sectors Q3 2026 GDP growth driven by consumption and investments Don’t miss our upcoming webinar! Live Cocoa Market Update: Beyond the Price Correction Wednesday, Nov. 18, 2026 Clients, check your inbox. Everyone else can register by going to mckeany-flavell.com Host: Craig Ruffolo, Vice President – Commodity Specialist Expert: Shawn Bingham, Director of Commodity Risk Management

Prologue Recap of harvest/production progress for soybeans, canola, and sunflower Inciting incident? South American soybean planting underway What keeps Nicole up at night (besides hot flashes)? Palm oil and soybean oil futures Did you miss our webinar on Wednesday? Seasonal Market Outlook webinar Watch now on our IQ platform! Not an IQ subscriber? Reach out to us to learn more! Happy Halloween! Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services

After a dramatic rise in July/August, wheat prices have plummeted! The latest on the Black Sea Peace talks? U.S. winter wheat off to a good start More rain and acreage expected Don’t miss our webinar next week! Live Seasonal Market Outlook: Harvest & Negotiations Underway as Uncertainty Continues Wednesday, Oct. 28, 2026 Clients, check your inbox. Everyone else can register by going to mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Eric Thornton, Vice President

Cocoa supply As the 2026/27 West African main crop gets underway, weather concerns, production forecasts, and bean availability remain central to the global cocoa supply outlook Q3 cocoa grindings Asia leads the processing recovery; Europe returns to growth, and North America records a decline What do these contrasting results reveal about global cocoa demand heading into 2027? Halloween chocolate demand With Halloween approaching, how are elevated retail chocolate prices, changing consumer purchasing habits, and manufacturers' pricing strategies shaping seasonal chocolate sales? Don’t miss our next live webinar on Oct. 28! Live Seasonal Market Outlook: Harvest & Negotiations Underway as Uncertainty Continues Clients, check your inbox. Everyone else can register by going to mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Marilyn Adutwum, Data Analyst

Wheat U.S. wheat stocks increase with a long overdue reduction in export demand Prices trading closer to fundamentals as Black Sea risk remains, but is premium weakening? Corn & Soy Complex USDA shocks with upward revision to U.S. corn yield! How much higher are stocks now compared to the September report? Soybean balance sheets status quo Soybean oil stocks tighten for 2025/26 and 2026/27 Sugar Sugar stocks grow due to more imports and weaker food demand Don’t miss our next live webinar on Oct. 28! Live Seasonal Market Outlook: Harvest & Negotiations Underway as Uncertainty Continues Clients, check your inbox. Everyone else can register by going to mckeany-flavell.com Host/Expert: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Vice President

U.S. jobs growth fell in September, well below expectations The unemployment rate edged up Slowing wage growth is now consistently running below the rate of inflation Could the recent softness in commodity prices stabilize without additional Fed tightening? Save the date for our next webinar! Live Seasonal Market Outlook on Wednesday, Oct. 28 Stay tuned for more details… Host: Michael Caughlan, President & CEO Expert: Shawn Bingham, Director of Commodity Risk Management

Côte d’Ivoire changes start of the main-crop season Why is the cocoa market still so volatile? For chocolate lovers: More chocolate items on the shelf this holiday season? EUDR: The latest news Host: Michael Caughlan, President & CEO Expert: Marilyn Adutwum, Data Analyst

Oilseed production potentially seeing regional weather hits Energy and geopolitics remain the major market drivers How are commercial markets responding? Don’t miss our live webinar next Wednesday, Sep. 23! Live Energy Market Update: Shaping Food & Beverage Procurement Costs Clients, check your inbox. Everyone else can register by going to mckeany-flavell.com Host/Expert: Shawn Bingham, Director of Commodity Risk Management Expert: Nicole Thomas, Vice President – Information Services

Wheat Subtle changes for 2025/26 global balance sheet Significant changes to world wheat production Corn 2026/27 U.S. corn yield lowered as expected Global ending stocks projected lower Soybean complex U.S. soybean ending stocks lowered for 2026/27 Edible oils Veg oil stocks may be misleading depending on this year’s production/weather Sugar 2025/25 high-tier imports increased to record number 2026/27 beet and cane forecast lowered Don’t miss our next live webinar on Sep. 23! Live Energy Market Update: Shaping Food & Beverage Procurement Costs Clients, check your inbox. Everyone else can register by going to mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services Expert: Kevin Combs, Vice President – Global Sweeteners Specialist