April WASDE Report: Grain and Oilseed Markets in Focus

The U.S. Department of Agriculture (USDA) released its April World Agricultural Supply and Demand Estimates (WASDE) Report, providing insights into the agricultural market. While corn, soybeans, and wheat prices remain bearish, the report highlights factors that may trigger price recoveries. The conflict in Europe’s breadbasket, elevated open interest in futures markets, and weather uncertainty pose potential risks and opportunities for investors. Expert Sal Gilberte emphasizes the need to monitor weather patterns as the crop year progresses and suggests a counter-trend long risk position for grain and oilseed investments.

Scroll to Top