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JJGTF - Agricultural Commodities In The Aftermath Of The January WASDE Report
iPath Bloomberg Grains Total Return Sub-Index ETN
On Friday, January 10, after an exhausting week of volatility in many markets on the back of the Middle East, the USDA released its first World Agricultural Supply and Demand Estimates report of 2020. The January report has often been a significant occasion that has moved agricultural prices in the past.
The markets closed soon after the US Department of Agriculture made the WASDE public, and most agricultural commodities would up near the highs of the session on the final day of last week. The Invesco DB Agriculture Fund (DBA) holds futures contracts