World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy traders are in a waiting game for news on Chinese trade and NAFTA as well as the 10 May release of USDA’s WASDE. The May report may not be the most important of the year, but it will certainly be one of the most interesting with USDA’s plunge into projections for U.S. and world crop production along with supply/demand balances for 2018/19. At best, the 2018/19 numbers are educated guesswork, and they are complicated by the trade tensions with China and the unknown status of NAFTA. Rather than guessing what might happen in these areas, USDA may well decide to ignore them and assume “normal” trade. In any case, its projections will be a starting point for 2018/19’s ongoing and ever-changing analyses...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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