ODA market alert: USDA report considered very bullish by the market!

ODA market alert: USDA report considered very bullish by the market!

Globally the USDA report has met with traders expectations: ending stocks levels are shrinking again, especially in the US. As a result, Corn prices are limit up (+5% / +25 cts), Soya is up 4% (+50cts) and wheat, as a follower, is up 5% as the situation on Russian exports is also a strong source of worry. These gains will likely be continue to support our markets sphere in the coming days.