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South Central Iowa | Well, all modern Wasde's are between the 9th and the 12th. But other than that, the June Stocks (and acreage), September Stocks, and January production report are big; released on the last day of June, September, and along with the January Wasde, respectively. Planting Intentions on March 31 is also important and it is the March stocks report as well. All of those reports go back to the 70's or earlier.
So every month between the 9th and 12th and the last day of March, June, and September. Those are Wasdes and Stocks reports. Really, the only way to tell if they were bullish or bearish is to look. Kind of like the June 2016 Wasde, it was actually bullish, but our top was put in on that day.
It would be fairly time consuming, it took me an hour to make the charts and look at those Wasdes just to write that little piece. I have generally looked at reactions in the past though, and your initial thought is correct I think. Most of these reports are just a big bar that doesn't change much.
The important changes align with the seasonal chart as well. | |
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Some homework for those who are ambitious and hate USDA
