Suspended USDA reports put the market on a tightrope
The US government shutdown is affecting a large number of non-essential services throwing life in limbo for government workers and those who depend on the government’s services. For the commodities markets, reduced functioning at the USDA and other key organisations will affect farm programs and data releases. The market has come to rely on government data to understand and trade agricultural markets. Lack of releases will bring significant opacity to commodity fundamentals. Kpler commodity flow data, supply and demand module and Insight bring much needed transparency to users.
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