U.S. Department Of Agriculture Issues June 12, 2024 World Agricultural Supply And Demand Estimates (Link In Body)
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The U.S. Department of Agriculture (USDA) has released the World Agricultural Supply and Demand Estimates (WASDE) report for June 12, 2024. The report provides updated forecasts for key agricultural commodities including corn, soybeans, and wheat.
June 12, 2024 | 4:02 pm
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The USDA's June 12, 2024 WASDE report includes updated forecasts for corn, which could impact the CORN ETF.
The WASDE report provides critical data on corn supply and demand, which directly affects the CORN ETF. Positive or negative adjustments in forecasts can lead to price movements.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The USDA's June 12, 2024 WASDE report includes updated forecasts for soybeans, which could impact the SOYB ETF.
The WASDE report provides critical data on soybean supply and demand, which directly affects the SOYB ETF. Positive or negative adjustments in forecasts can lead to price movements.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The USDA's June 12, 2024 WASDE report includes updated forecasts for wheat, which could impact the WEAT ETF.
The WASDE report provides critical data on wheat supply and demand, which directly affects the WEAT ETF. Positive or negative adjustments in forecasts can lead to price movements.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80