Home 5 Ag Stories WASDE report came with a few surprises

WASDE report came with a few surprises

Photo courtesy of the U.S. Department of Agriculture (USDA)

The World Agricultural Supply and Demand Estimates (WASDE) report came out Thursday morning. It would not be a normal WASDE without some surprises and this one did not disappoint.

Soybeans gave traders the biggest surprise. Brian Grossman of Zaner Group recaps what happened.

The market reaction in corn was not as volatile as it was in soybeans. Grossman gives us an idea of what happened to corn’s numbers after the report.

Grossman says the market will settle back into a weather trade next week.

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