- It's important to keep in mind the numbers USDA releases aren't real, regardless of how many in the industry try to convince you otherwise.
- The May round of guesses is when folks completely lose interest in old-crop, opening the door to unexpected changes by USDA with few noticing.
- This time around, old-crop export demand for both corn and soybeans could be on the chopping block.
I always say I’m not going to do it, then I stop and think if I don’t, nobody will. I’m talking about setting the record straight about folks who get WASDEd on monthly Supply and Demand reports from USDA. It’s like a drug, with plenty of providers selling the story of just how great these things are. So before all common sense goes up in smoke Friday, here are some things to keep in mind:
