Q4 2025 snapshot of market conditions Is market softness present? Preparing for 2026 with budget considerations Not a client on McKeany-Flavell’s IQ Intelligence Platform? Visit mckeany-flavell.com to learn more! Commodity dashboards Dynamic data & interactive charts Analytics & calculators Price forecasts Downloadable data, charts, and tables Host: Nicole Thomas, Vice President – Information Services Guest Expert: Michael Workman, Growth Director at ResinSmart by RTi GlobalGuest Expert: Kevin Mekaru, Senior Business Unit Lead, Commodity Plastic Resin, RTi Globalwww.resinsmart.ai

Soybeans Soybean prices “rise from the dead” to 15-month highs! China/U.S. trade announcements require careful analysis How impactful in the short and long term? Chocolate Halloween chocolate prices are up, up, up! Retail chains may be running some promos to try and get a lot of volume sold Will they be successful? Want to go more in depth on cocoa? Join us for next week’s webinar! Cocoa Market Update Webinar Wed., November 5, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Happy Halloween! Host: Michael Caughlan, President & CEOExpert: Eric Thornton, VPExpert: Marilyn Adutwum, Data Analyst

Not much movement on price direction for 2026 Corn wet millers offering multiple solutions to manage coproducts Product demand is still a concern going into negotiations Two webinars back-to-back! Make sure to register for both! Seasonal Market Outlook Webinar Wed., October 29, 11am PT / 2pm ET Cocoa Market Update Webinar Wed., November 5, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up for both now at mckeany-flavell.com Host: Michael Caughlan, President & CEOExpert: Craig Ruffolo, Vice President – Commodity Specialist  

Corn Corn yield likely falling on disappointing harvest results thus far Record crop still expected north of 16 billion bushels Corn exports appear to remain strong; other categories remain to be seen Wheat U.S. wheat production increases should boost ending stocks Could U.S. export demand surpass 900 million bushels? Winter wheat plantings about 65% complete Conditions improving in soft red winter wheat area Soy complex Chinese soybean import demand could be hit or miss for the U.S., with or without a deal Domestic soybean oil consumption soft with potential for some export demand offset Our next webinar is fast approaching! Seasonal Market Outlook Webinar Wed., October 29, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEO  Expert: Nicole Thomas, Vice President – Information ServicesExpert: Eric Thornton, Senior Commodity Advisor

Big question: Will the government shutdown end in time for November WASDE? Corn Corn carry-in up Yields down, but still a record Harvest acres lower? Future S&D risks: Feed and exports Sugar Sugar production likely lower than September WASDE Will sugar deliveries decline for a second consecutive year? Save the date for our next webinar! Seasonal Market Outlook Webinar Wed., October 29, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Host/Expert: Kevin Combs, Vice President – Global Sweeteners SpecialistExpert: Shawn Bingham, Director of Commodity Risk Management  

Soybean production could be lower than expected due to late-season weather dynamics Soybean meal needs more homes Soybean oil market ambiguity continues Save the date for our next webinar! Seasonal Market Outlook Webinar Wed., October 29, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEO  Expert: Nicole Thomas, Vice President – Information Services  

Corn futures may have already hit harvest lows Feed demand picks up in December Could that support coproduct values through Q1 2026? Key to wet milling contract negotiations: Understanding corn grind allocation Not a client on McKeany-Flavell’s IQ Intelligence Platform? Visit mckeany-flavell.com to learn more! Commodity dashboards Dynamic data & interactive charts Analytics & calculators Price forecasts Downloadable data, charts, and tables Save the date for our next webinar! Seasonal Market Outlook Webinar Wed., October 29, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEOExpert: Craig Ruffolo, Vice President – Commodity Specialist

A weak La Niña is now in the forecast What does that mean for the long-range weather outlook and commodities? Drought in the U.S. has expanded in recent months Will La Niña offer any relief? Watch out for the potential of planting and harvest delays in Brazil this winter Not a customer on McKeany-Flavell’s IQ Intelligence Platform? Visit mckeany-flavell.com to learn more about IQ, where we offer subscribers 24/7 access to Real-time market updates and technical analysis Discussion of supply and demand fundamentals Price forecasts As well as charts, tables, and downloadable PowerPoint market overviews Host: Michael Caughlan, President & CEOExpert: Eric Thornton, Senior Commodity Advisor

Corn Domestic corn acreage increased Corn yield lowered: Still too much, too soon? Slow down in ethanol Soy Complex Uptick in soybean ending stocks and slightly higher acreage Upward to revision to crush Where’s China? What's driving prices? Not much in the way of change short of production adjustments for corn, soy complex, but it’s what we DON’T see in the numbers that may drive prices for corn, soybeans, and soybean oil Sugar Beet production lowered, while cane production increased Mexican imports cut in half under Suspension Agreement rules Stocks-to-use still well above the target Next week is our Energy Market Update Webinar! Wed., September 17, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEO  Expert: Nicole Thomas, Vice President – Information ServicesExpert: Kevin Combs, Vice President – Global Sweeteners Specialist

Corn Corn yields should see reduction 2025/26 stocks could test 2.0 billion? Soybeans Balance sheet could get tighter on possible yield reduction Sugar Will USDA be able to cut into sugar surplus? Will the Louisiana cane crop meet record forecast of 2.154 million STRV? Has recent weather cut into the 262,000 STRV increase in beet production forecast last month? Mark your calendar for our upcoming webinar! Energy Market Update Webinar Wed., September 17, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Host: Kevin Combs, Vice President – Global Sweeteners SpecialistExpert: Craig Ruffolo, Vice President – Commodity Specialist

Where is the corn sweetener market currently in negotiation? Corn crop is seeing some challenges in August Top-end yield expectations could be revised lower Co-product credit reconciliation and reporting will be a major topic of discussion Mark your calendar for our upcoming webinar! Energy Market Update Webinar Wed., September 17, 11am PT / 2pm ET Clients, be on the lookout for your invite, or anyone can sign up now at mckeany-flavell.com Host: Eric Thornton, Senior Commodity AdvisorExpert: Craig Ruffolo, Vice President – Commodity Specialist

Pro Farmer sees strong corn yields for much of the Belt Soybean pod counts well above last year for a few states Findings for one “I” state leave room for uncertainty As is often the case, regional weather dynamics may come into play for final national averages Not a customer on McKeany-Flavell’s IQ Intelligence Platform? Visit mckeany-flavell.com to learn more about IQ, where we offer subscribers 24/7 access to Real-time market updates and technical analysis Discussion of supply and demand fundamentals Price forecasts Charts, tables, and downloadable PowerPoint market overviews Host: Shawn Bingham, Director of Commodity Risk ManagementExpert: Nicole Thomas, Vice President – Information Services

Sugar Beet crop is looking excellent Potential record yields? Harvesting has begun! Louisiana crop raised while Florida stays about the same Corn Huge record on yield! Due to lots of crops and good weather Biggest surprise? More acreage picked up Soy complex What corn gained, soybeans lost Planted acres and exports down Wheat More loss of acreage Yield up a bit Exports revised higher Not a customer on McKeany-Flavell’s IQ Intelligence Platform? Visit mckeany-flavell.com to learn more about IQ, where we offer subscribers 24/7 access to real-time market updates and technical analysis discussion of supply and demand fundamentals price forecasts as well as charts, tables, and downloadable PowerPoint market overviews Host: Michael Caughlan, President & CEOExpert: Kevin Combs, Vice President – Global Sweeteners SpecialistExpert: Eric Thornton, Senior Commodity Advisor

What is the ASA Symposium? Who attends and what's discussed Will the new Farm Bill become law this year? Farmers’ take on the 2025/26 crops How are those crops in Florida and Louisiana doing? Big takeaway: America’s farmers first, and no specialty refined quota You can find much more info on sugar and other commodities on McKeany-Flavell's IQ Intelligence Platform Visit mckeany-flavell to learn more about what we offer 24/7 to our subscribers! Host: Michael Caughlan, President & CEOExpert: Kevin Combs, Vice President – Global Sweeteners SpecialistExpert: Craig Ruffolo, Vice President – Commodity Specialist

Crop progress Ideal weather for the U.S., but what about Canada and Europe? Corn: What’s up with those big numbers?!? Be on the lookout for August dryness and the hurricane season ramping up Freight Union Pacific makes a major announcement (billions, not millions!) Ocean, rail, and trucking updates Which one is most stable at the moment? Tariffs Battling exhaustion Exceptions for certain productions like coffee or tropical oils? Ag policy: How the USDA is being restructured Host: Michael Caughlan, President & CEO  Expert: Nicole Thomas, Vice President – Information ServicesExpert: Eric Thornton, Senior Commodity Advisor

Current weather and conditions in West Africa Anemic Q2 cocoa bean grind figures weigh on the market Ghana is planning to change the new crop year start date from Oct. 1 to Aug. 1  Hershey announces more price increases? Halloween candy spared (for now) Not a customer on McKeany-Flavell’s IQ Intelligence Platform? Visit mckeany-flavell.com to learn more about IQ, where we offer subscribers 24/7 access to Real-time market updates and technical analysis Discussion of supply and demand fundamentals Price forecasts As well as charts, tables, and downloadable PowerPoint market overviews Host: Eric Thornton, Senior Commodity Advisor Expert: Marilyn Adutwum, Data Analyst

Consumer inflation edges higher in June Wholesale prices surprise by falling Market shaves off some of the rate reductions but still sees lower funds target at year-end Is Chairman Powell content to keep rates steady until tariff rates and policies are better understood? Not a customer on McKeany-Flavell’s IQ Intelligence Platform? Visit mckeany-flavell.com to learn more about IQ, where we offer subscribers 24/7 access to: Real-time market updates and technical analysis Discussion of supply and demand fundamentals Price forecasts As well as charts, tables, and downloadable PowerPoint market overviews Host: Michael Caughlan, President & CEO Expert: Shawn Bingham, Director of Commodity Risk Management

Wheat U.S. wheat ending stocks projected higher YOY Production up due to higher yields? Global production is declining Corn U.S. corn ending stocks fall further for this year and next Who is the big buyer of corn? Consumption assumptions are strong! Soy complex BBB and EPA driving large biofuel consumption for soybean oil in 2025/26 Food use change is a head-scratcher What’s 2025/26 looking like? Sugar Sugar deliveries for food use are down from last year What’s the forecast for 2026? Beet production lowered Mexico imports down Next week is our Wheat Market Update Webinar! Wed., July 19, 11am PT / 2pm ET Be on the lookout for your invite or sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEOExpert: Nicole Thomas, Vice President – Information ServicesExpert: Kevin Combs, Vice President – Global Sweeteners Specialist

Recap of the Acreage and Grain Stocks reports How’s the weather forecast looking for the first half of July? Trump’s tariff deadline is next week, Jul. 9 Will we see more threats and volatility? Our upcoming webinar: Wheat Market Update Webinar Wed., July 19, 11am PT / 2pm ET Be on the lookout for your invite or sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEO  Expert: Eric Thornton, Senior Commodity Advisor

Contrarian growth points: Q2 2025 GDP set to rebound, but how sharply? Forward inflation favorable to Fed’s target Will tax cuts be extended? Prediction! Interest rates lower this time next year Equities hit record high USDA's Acreage and Grain Stocks reports out on Monday! Setting the tone for the coming months Mike is live at the Western Candy Conference! Save the date for our next webinar! Wheat Market Update Webinar Wed., July 19, 11am PT / 2pm ET Look for your invite going out next week or sign up now at mckeany-flavell.com Host: Craig Ruffolo, Vice President – Commodity SpecialistExpert: Michael Caughlan, President & CEOExpert: Shawn Bingham, Director of Commodity Risk Management