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Post-USDA report Reaction, Implications and Outlook, 1-12-21
Today's reports were bullish corn and soybeans, but that statement is not enough to properly determine price expectations for the next several weeks. Demand reduction was already set in motion by pre-report price levels. And, there was certainly a universal bullish expectation going into today's reports.
Today's podcast attempts to shift focus towards how producers should view demand implications from today's USDA data, and how that perspective may or may not conclude that current values offer sales opportunities.
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By Crop Production Science, LLC
3.6
55 ratings
Today's reports were bullish corn and soybeans, but that statement is not enough to properly determine price expectations for the next several weeks. Demand reduction was already set in motion by pre-report price levels. And, there was certainly a universal bullish expectation going into today's reports.
Today's podcast attempts to shift focus towards how producers should view demand implications from today's USDA data, and how that perspective may or may not conclude that current values offer sales opportunities.