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USDA and PFT
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w1891
Posted 8/22/2017 09:08 (#6202867 - in reply to #6202451)
Subject: RE: USDA and PFT


S Illinois
And what makes RMA data superior? Don't they have something like a 3-5% tolerance when reporting yields before changes need to be made. At the small 3% error, it would mean their yield last year could have been anywhere between 169.4 bu and 179.8 bu for corn and for beans 50.5 and 53.7. Estimating yields this early may not be productive, but I am not sure that crop insurance yields are exactly the best either.

RMA https://www.rma.usda.gov/handbooks/18000/2016/16_18010.pdf
Page 285 has the RMA tolerance information.
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