Macro POV Grains Commodities News – June 12th, 2023 [UPDATE 06/13/2023]

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The 9th of June 2023 marks the day the United States Department of Agriculture released World Markets and Trade reports. Let’s examine the effects of those findings on certain agricultural sectors.

The impact of the United States Department of Agriculture’s World Markets and Trade on grains: wheat, corn, and soybeans is examined.

UPDATE June 13th 2023

As predicted in show above, Soybean reach milestone of $c100/Bsh today, June 13th 2023.

Soybean (CME, D1); source: Reuters Eikon