WASDE preview: US soybean production, yield, ending stocks estimated lower; global stocks down

The USDA is expected to reduce its US soybean production and yield estimates for the 2024/25 crop year and cut its forecast for both global and US ending stocks in its World Agricultural Supply and Demand Estimates (WASDE) report to be published on November 8, a Fastmarkets poll of eight traders and analysts showed on Wednesday November 6.