Hear the views of Mike Verdin, Editor in Chief of Agrimoney, on the April WASDE report which showed change on the 3 major balance sheets: corn, soybeans and wheat. Due to increased South American production of soybeans, the USDA raised the forecasts for world stocks, which was negatively received. However, overall the WASDE was quite bullish. From cutting world corn and cotton forecasts to a large cut to Chinese wheat inventory estimates, this month’s report had a lot going on... I

Hedge funds halve their net long in arabica coffee, amid renewed demand worries amid the pandemic. But soybeans attract buying after a downbeat US sowings forecast

Competitive pricing is driving Chinese livestock feeders to use more grain in their rations. That could see wheat imports far exceed current forecasts