POSSIBLE RISKS & OUTCOMES THIS USDA REPORT COULD HAVE

AUDIO COMMENTARY

  • Failed technical breakthroughs

  • Rain pushing into eastern corn belt

  • Will USDA have something positive?

  • Are there any beans for sale?

  • Will we see +90 million acres?

  • Longer term we have lost acres

  • Less acres means more important weather. More acres means less important weather

  • Why I could see stocks lower

  • Could both bean & corn acres be low?

  • Is there a chance for a counter seasonal rally?

  • Funds 2nd shortest ever for this date

  • We could see record yield but see carryout decrease

  • We haven’t had a real pricing opportunity

  • A counter seasonal rally will be demand driven. Demand driven last longer than supply driven

  • Not too interested in 2025 sales here

  • The biggest risk in this USDA report

  • Lots of negativity priced in for USDA

Listen to today’s audio below


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USDA PREVIEW & COUNTER SEASONAL RALLIES?

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VERY STRONG PRICE ACTION: RAINS & USDA KEY