As harvest wraps up in the United States, oilseed markets are turning more attention to planting progress in South America. USDA Outlook Board Chairman Mark Jekanowski says the markets have a new focus.
He says oil seed analysts and traders are paying close attention to Brazil.
The November WASDE report will be published by the USDA at 11am central time on Friday November 8th with an updated forecast for South American production.
