IARN — The latest WASDE report was released last week to muted responses. The markets are more interested in the USDA Acreage Report coming on June 30th. This will set the stage for how the summer months could go in Chicago. Some call it the biggest report of the entire year.
Joe Vaclavik is the Founder and President of Standard Grain. He talks about the volatility that this report often brings. However, this year has been volatile enough already.
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Photo courtesy of the U.S. Department of Agriculture (USDA)