December WASDE Weighs on Midday Markets

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December WASDE Weighs on Midday Markets

Alexandra Watts | 12.08.2023

Wasde: US soybean ending stocks above estimate, Brazil crop cut

by Marcela Caetano - Agricensus

The U.S. Department of Agriculture (USDA) reduced its 2023/24 global ending stock estimates to a level above the market's average projection, while cutting Brazil’s output estimates in line with market expectations, in the December World Agricultural Supply and Demand Estimates (Wasde) released on Friday. 

CME soybean January futures were down 2.2 c/bu following the r...

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Please note - Alexandra Watts is out of the office until Monday, Dec 11th. In her absence, please contact...

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