Big USDA numbers coming up
On Wednesday, USDA will release crop production and supply/demand reports. It's one of the biggest "report days" of the year, with a lot of eyes on both this year's crop size and the amount of grain on hand in the U.S. What will the market ramifications be? See what our market analysts are saying and get an inside look at how USDA compiles its crop data.- Ray Grabanski: Harvest pressure?
- Roy Smith: Don't be impatient!
- Bryan Doherty: The bull argument for corn
Though USDA's October Crop Production report is typically only considered a starting point or trigger for a lot of market activity, it's also the culmination of a lot of work around corn and soybean country.