This afternoon at 2:30PM Central Time (3:30 ET), The CME Group will host an Ask The Analysts Event ahead of tomorrow afternoon’s USDA World Agriculture Supply and Demand Estimates Report (WASDE).
The CME Group Analysts Event is always valuable for those who trade the grains markets, other assets closely associated with the grains markets and for those who are learning about them.
As we are all well aware, global assets are becoming more interrelated everyday as technology reduces friction related to communications and trade. The grain markets are an integral part of this system and supply, demand and price affect stocks normally associated with these markets such as $MON, $ADM, $DE and $MOS as well as others not immediately related to agriculture.
For example, here’s a chart posted by @zachlehner on StockTwits showing the relationship between Chipotle Mexican Grill ($CMG) and Corn Futures ($ZC_F), cool stuff:
The CME Group provides a number of other resources that are good reads before the analyst discussion and leading into the report:
Why USDA Reports Matter to AG Markets – An excellent primer
You can watch the Ask the Analysts Presentation on the USDA WASDE this afternoon at 2:30PM Central HERE.
The CME Group is a StockTwits Sponsor.