The USDA will publish the November WASDE report at 11:00am central time on Friday. The report will provide updated yield estimates and any changes to supply and demand forecasts both domestically and internationally.
Jim McCormick, co-founder of AgMarket.net, says that the average trade guess is that the bean crop will decrease in size.
He also details the industry’s best estimate for carryout and world supply.
That was Jim McCormick, co-founder of AgMarket.net.
