Home / News / Crops news / Report day's on its way!

Report day's on its way!

Jeff Caldwell 01/11/2011 @ 9:53am Multimedia Editor for Agriculture.com and Successful Farming magazine.

On Wednesday, USDA will be releasing some big crop numbers, including its annual Crop Production report as well as monthly supply/demand and grain stocks figures.



So, what will they all mean for the trade? Analysts are split on where the government will peg domestic soybean crop and supply, though there's more agreement that soybean supplies abroad -- especially in South America -- will be on the lower side.



Meanwhile, farmers say they expect USDA's corn numbers to keep the market from sliding too much, though some feel it's better not to get too bullish just yet.



 

CancelPost Comment
MORE FROM JEFF CALDWELL more +

Another Rough Winter? Farmers' Almanac… By: 08/27/2014 @ 7:30am Not again! A year ago, the Farmers' Almanac, which has been around for almost two centuries…

Easing Farmland Values No… By: 08/26/2014 @ 2:23pm Just because the land market has leveled off from its meteoric rise of the last few years…

Sudden Death Syndrome Popping Up in Midwest… By: 08/26/2014 @ 7:11am The ample moisture in the last week or so in parts of the Corn Belt has been a boon for corn and…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Markets Finish Mixed