What Are Grain Traders Expecting From Vital USDA Estimates? | Presented by CME Group

Commodity markets are eagerly anticipating USDA’s May WASDE report, as traders navigate uncertain acreage estimates and the impact of recent poor weather. The report is the first official estimate of the balance sheet for 2024’s corn and soybean crop. What can traders expect from this crucial USDA release? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

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