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USDA's WASDE report disappoints, fails to show a bullish wheat story.

(Jun 12, 2024)
USDA's WASDE report disappoints, fails to show a bullish wheat story. Argentinian corn forecast remains high despite bug infestation. No shift in market sentiment; focus back to weather. Russian export ban or extreme US heat needed now for a rally.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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