March Supply & Demand Report
Traders are expecting that the March Supply and Demand report will show reduced South American corn and soybean production estimates, which will lower the world carryover stocks. This is leading to increased US exports, which in turn is also lowering the estimates for US carryover stocks. This is what Informa is expected to show in their mid-morning update. The degree of these changes will impact the direction and extent of the midsession trade.
With the calendar turning to March this week, there is […]