On Thursday, October 10, the USDA will release its October World Agricultural Supply and Demand Estimates report. The October report comes during the height of the harvest season in the US. At the same time, it is now the planting season in the southern hemisphere.
The WASDE report is the gold-standard when it comes to agricultural commodities. Producers and consumers in the US and around the world depend on the report for supply and demand data that helps them make buying or selling decisions.
Many of the agricultural markets have recovered since late September. The