MarketsFarm — August figures from the U.S. Department of Agriculture’s (USDA) world agricultural supply/demand estimates (WASDE) provided very few surprises and not much change after their release Friday. However, crop […] Read more
1.
U.S. corn, soy, wheat production figures down from July report
Traders adjust positions ahead of USDA report due Friday
WASDE also pressures CBOT wheat
Traders were expecting reduced U.S. corn yield
Canadian wheat harvest expectation unchanged
U.S., worldwide wheat ending stocks expected down on year
El Nino also worth watching longer-term
Heavy snowpack remains in parts of northern Plains
Soy, corn crop projections cut for Argentina
Selling pressure short-lived after report