Traders Surprised by Friendlier than Expected USDA Reports
Fri, 08 Nov 2013 15:04:30 CST
The USDA's World Agriculture Supply and Demand Estimates and Crop Production reports out today were't exactly "bullish" to most traders, but they were friendlier than had been expected. The data reveals higher yields and production but not high enough to keep the market from bouncing.
Rich Nelson from Allendale breaks down the day's numbers in the video report below.
You can read the full WASDE report by clicking here and you'll find the full Crop Production report by clicking here.
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