Tagged: USDA

The News & What it Means – Plenty at Stake for Farmers as Crops Run Late

By John DePutter & Dave Milne – September 19, 2019
The news:

“With a week left of summer officially, you’d think farmers might want to finally see an end to this frustratingly difficult season. Actually, they’re wishing for an endless summer.”

Capital Journal, September 14, 2019

The News & What it Means – Friday’s USDA Report is Important but so is the Bigger Picture!

By John DePutter – August 8, 2018

 

The news:

USDA report expected to make or break the markets

If you are reading the news in our morning reports, you’ll know most analysts and market-watchers are expecting the Aug. 10 USDA report to bump up its yield estimates for corn and soybeans.

 

In its monthly supply-demand reports of the past three months, the US government has been projecting an average corn yield of 174 bu/acre and an average soybean yield of 48.5 bu/acre. These projected yields are based on calculations taken from previous years with an adjustment factor for a rising yield trend.

 

Importantly, the Aug. 10 report will be different: it will be based on surveys and field-gathered data. A lot of predictions are circulating about what it will say.