WILL USDA REPORT BOOM OR BUST?

Written By Sebastian Frost

AUDIO COMMENTARY

  • Scroll for report estimates*

  • Could we see sub 50 beans and sub 170 corn?

  • Look for a lot of chop until report

  • USDA probably won’t come to the game that fast. Will have to see when the combines roll

  • Once we get this report of out of the way we will start focusing on harvest results and see what basis is doing

  • If in an area that’s tight, take advantage of basis

  • Weather isn’t going to make much difference anymore. Rain won’t save the crop

  • What’s the wheat story?

  • Markets not anticipating super bullish numbers

  • Opportunities. Hedging, not chasing

  • Generic recommendations vs what is best for your situation

Listen to today’s audio below

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Chart Credit: Karen Braun

Sebastian Frost
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