GARBAGE USDA REPORT THAT DIDN’T MEAN MUCH

AUDIO COMMENTARY

  • USDA breakdown

  • USDA’s numbers essentially garbage as expected

  • Beans actually higher than before report despite poor report

  • The market doesn’t believe the USDA numbers

  • The reports will start meaning something in May & June

  • USDA is slow to the game like usual

  • Funds don’t have reason to cover yet, they will

  • Why you don’t make sales here

  • This report didn’t effect the market much

  • Waiting for triggers

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MARKET DOESN’T BELIEVE THE USDA

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USDA & CONAB TOMORROW