EPISODE · Jan 5, 2020 · 39 MIN
Jan USDA Report--Will we find surprises?
from The Ag View Pitch · host The Ag View Pitch
This week Chris and Duane discuss the potential implications of Friday's USDA reports. This is a report that always has potential for surprises, but this year's report could be a major crossroads for price direction and 2020 acreage decisions. This past week US producers were able to capture their highest on-farm soybean bids since June 2018. Is this a selling opportunity, or an indication of higher prices ahead? Cash corn prices are good for 2018 yields, but for many producers, 2019 yields still can't dollar-up to a profit at current prices. A lot hangs in the balance with Friday's upcoming reports. Are you ready? Do you have a plan? Let's dive into it...
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Jan USDA Report--Will we find surprises?
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