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JJGTF - Agricultural Commodities After The March WASDE
iPath Bloomberg Grains Total Return Sub-Index ETN
On Tuesday, March 10, the US Department of Agriculture released its March World Agricultural Supply and Demand Estimates report. The monthly WASDE is the gold-standard when it comes to fundamental data on grains and other agricultural markets. As we move into the spring season in the United States, many farmers and those involved in all aspects of growing the products that feed and clothe the world make decisions based on the projections in the monthly report from the USDA.
The March WASDE came at a time when risk-off conditions have gripped markets across all asset