April 2020 Pre-WASDE Report Expectations
On Thursday 9 April, the USDA publishes its April WASDE report, projecting supply and demand expectations for US corn, soybean, wheat and other crops, as well as other key growing regions. In previous years, April's WASDE report is typically non-eventful - however with Covid-19 causing turmoil in agricultural markets, it is drawing a huge level of interest.
Chief Agricultural Economist, Paul Hughes, runs through what IEG Vantage's projections are ahead of this WASDE report publishing, talking through key topics such as expected ethanol demand and the knock-on effects of this, how food commodity exports are faring, and how are crop production projections are changing in light of challenging environments, with regards to the US and other key growing regions.
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.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.