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Bulls feed on old grain

Bulls feed on old grain

Released Monday, 16th October 2023
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Bulls feed on old grain

Bulls feed on old grain

Bulls feed on old grain

Bulls feed on old grain

Monday, 16th October 2023
Good episode? Give it some love!
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The October WASDE was viewed as a bullish report by the market, with corn, soy, and wheat futures all rising following its release. For corn in particular, it was higher old crop feed demand that caught the market by surprise. Meanwhile, for wheat markets, we saw 2023/24 estimations for both global production and trade trimmed.

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RaboResearch Agri Commodities

Rabobank's RaboResearch Food & Agribusiness team has 85 analysts working in local teams across the worldwide Rabobank network. They generate knowledge, and develop views and insights on businesses, topics and developments in the food & agribusiness sectors across the globe. All analysts have their own sector specialisations—ranging from meat and fish to dairy, vegetables, fruit and floriculture, coffee and cocoa.Please read our disclaimer here: https://research.rabobank.com/markets/en/footer/disclaimer.html

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