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On Thursday 11 June, the USDA publishes its June WASDE report,
which includes its latest supply and demand expectations for US and
world corn, wheat and soybeans. This report will not cover any
yield or acreage adjustments for corn or soybeans, but there will
be production changes and new US and world assessments for the
crops.
Chief Agricultural Economist, Paul Hughes, runs through what IEG
Vantage's projections are ahead of this WASDE report publishing,
with regards to the US and other key growing regions, and discusses
key topics such as:
How uncertainty on domestic demand for US corn - particularly
in ethanol production - is a impacting the market
Possible variations to the world production forecasts due to
updates in key crop regions such as Brazil, the EU and Russia, and
how this impacts the US markets
Each month, our expert analysts pull together IEG Vantage's
projections in the week preceding the USDA's WASDE report being
published, providing clarity on our supply and demand expectations,
with commentary as to why we've predicted what. Watch the webcast
now to get ahead of the market.