About this episode

The episode discusses the bullish market reaction to the October WASDE report, highlighting increased old crop feed demand for corn and adjustments in wheat production estimates.

The October WASDE was viewed as a bullish report by the market, with corn, soy, and wheat futures all rising following its release. For corn in particular, it was higher old crop feed demand that caught the market by surprise. Meanwhile, for wheat markets, we saw 2023/24 estimations for both global production and trade trimmed. Please read our disclaimer here: https://www.rabobank.com/knowledge/disclaimer/011417272/disclaimer

Topics covered

• WASDE report
• grain markets
• corn futures
• wheat production
• agriculture news

Keywords

• WASDE
• corn
• soy
• wheat
• futures
• agriculture
• market analysis

Mentioned in this episode

Organizations: Rabobank RaboResearch Food & Agribusiness

Products: corn, soy, wheat

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