On Tuesday, June 12, while the world was watching the U.S. and North Korean leaders shake hands and sign a document of cooperation; farmers were waiting for the release of the June World Agricultural Supply and Demand Estimates report. The June report from the U.S. Department of Agriculture comes at the beginning of the 2018 growing season and offers market participants a glimpse at crop progress, inventories, and demand for the crops and products that feed the world.
At the beginning of the summer season, those involved in the agricultural markets typically watch the weather