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On Tuesday, May 12, at noon EST, the US Department of Agriculture will release its May World Agricultural Supply and Demand Estimates report. The WASDE report is the gold standard for the agricultural markets as it outlines data on US and global inventories and exports.
Each year is always a new adventure in the agricultural markets. We are now moving from the planting into the growing season across the fertile plains of the United States and other producing countries in the northern hemisphere.
The weather over the coming weeks and months will determine the size