[URL="http://usda.gov/oce/commodity/wasde/latest.pdf"]USDA April[/URL]
Will wait for others analysis but first glance neutral to positive for the oilseed complex. Look at the market.
I might highlight that releases are a picture of a USDA survey at a point in time - not the real numbers. The s&d for 2013/13 is trying to sort out the demand/disappearance side. May will be the first USDA s&d estimates for the 2014/15 crop year.
Will wait for others analysis but first glance neutral to positive for the oilseed complex. Look at the market.
I might highlight that releases are a picture of a USDA survey at a point in time - not the real numbers. The s&d for 2013/13 is trying to sort out the demand/disappearance side. May will be the first USDA s&d estimates for the 2014/15 crop year.