| Baby Bull - 11/14/2023 14:39
Yes, the numbers are from farmers. We really never know what those farmers said though do we?
Strange thing is I don’t know anyone that has been called by the USDA to get these gospel numbers.
With the way things are in government agencies I fail to believe that the USDA doesn’t make up whatever they want and cover it up by playing the shell game. Case in point…..printing a yield last spring above any yield we have ever attained. Next, when it is clear that yield number will be missed by 10 bushels we magically have more carryover.
This crop was way short. Shorter than we are being told now. I don’t recall seeing a single full grain pile this fall. Our local eplant is already dipping into their pile which they couldn’t even get half full during harvest.
Defend the USDA all you want. Everybody needs a hobby I guess.
In the spring, USDA missed the export number, just as much as they missed the yield number. And what the actual yield is,isn’t the most important factor. Total production is what matters at the end of the day. Spring insurance price encouraged producers to plant more than what USDA or anyone else thought would happen. That is price working, not USDA interference. |
Interesting read from Univ Of Illinois documenting USDA Gets it wrong
