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USDA and PFT
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fatan sassy
Posted 8/22/2017 08:30 (#6202800 - in reply to #6202451)
Subject: RE: USDA and PFT


northern edge of north central Missouri
SSTO76 - 8/22/2017 00:00

I'm not picking on either institution but wouldn't using factual yields gleaned from RMA post harvest be a far superior and possibly market stabilizing way of doing business vs all these worthless estimates? That being said, I did take full advantage of the run up in 12 due to such estimates but feel we have gotten to pay the piper in the aftermath of $8 corn.



Totally agree and it is available. For producers it would be much better. Problem is, governments goal is to keep cheapest prices possible for as long as possible and they have the power to accomplish that goal. Disappointing to me more farmers don't voice opposition to pure guesses as to crop size by usda so far in advance.
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