EPISODE · Aug 9, 2020 · 44 MIN
USDA's Report to Set New Baselines
from The Ag View Pitch · host The Ag View Pitch
Today Chris and Duane discuss Wednesday's report and how China's demand activity could help to offset some increased yield projections and produce carryout numbers that are not as negative as current market sentiment has discounted. They also take a look at some historical perspectives to today's prices, in an effort to determine whether producers have reasons to act, or reasons to sit tight.
What this episode covers
Today Chris and Duane discuss Wednesday's report and how China's demand activity could help to offset some increased yield projections and produce carryout numbers that are not as negative as current market sentiment has discounted. They also take a look at some historical perspectives to today's prices, in an effort to determine whether producers have reasons to act, or reasons to sit tight.
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USDA's Report to Set New Baselines
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