A summary of the Coffee & Grain Markets webinar held on April 14, 2023 featuring Dr. Seungki Lee is now available at:
Apr 2023_Coffee_and_Grain_Talk_Summary_v2
Summary of Report
The USDA’s World Agricultural Supply and Demand Estimates (WASDE) report for April reveals a consistent picture of the old crop. Southern Latin American countries, such as Argentina and Uruguay, continue to suffer from drought damage, whilst other South American countries, such as Brazil and Paraguay, have a strong harvest outlook, which will likely lead to an increase in overall crop supply from South America compared to last year.