DBA - Agricultural Commodities: Pre-March WASDE
On Friday, March 8 the US Department of Agriculture will release its second World Agricultural Supply and Demand Estimates report of 2019. The January report fell victim to the government shutdown which meant that many agricultural producers were making decisions in the dark until the agency released the report in February. The monthly WASDE report is also a time where volatility tends to pick up in the agricultural futures markets. The March report comes at a time when farmers in the US and other countries in the northern hemisphere are preparing for the 2019 planting