SOYB - Agricultural Markets Pre-November WASDE
On Friday, November 8, the US Department of Agriculture will release its November World Agricultural Supply and Demand Estimates report. The monthly WASDE is the gold-standard for consumers, producers, traders, speculators, and all market participants in the products that feed and clothe the world. The WASDE updates the latest data on inventories, production, consumption, exports, and other factors in the agricultural markets.
The November report comes at a time when the 2019 harvest is ending in the northern hemisphere, and the 2019/2020 crop year is getting underway south of the equator. While fundamentals can drive