USDA CONFIRMS HORRIBLE WHEAT CROP, PLAYS GAMES WITH CORN & BEANS

POST REPORT AUDIO RECAP

  • USDA was full of some garbage info, and some accurate info

  • Where they jumping the gun on Chinese cancellations

  • Are we closer to 175 or 181 corn crop

  • Wheat numbers come in bullish, do they get more bullish?

  • Crop tours and future of wheat

  • Small crops get smaller

  • Were the bearish corn and bean numbers already baked in

  • Drought will start to matter

  • Why this year is so similar to 2012

Listen to today’s audio below


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THE NUMBERS

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USDA GARBAGE ASSUMPTIONS

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GRAINS PRESSURED AHEAD OF REPORT