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OCT. REPORT or any usda report....................
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Illinoisfan
Posted 10/1/2010 16:02 (#1380751 - in reply to #1380736)
Subject: Re: OCT. REPORT or any usda report....................



I have always said that I don't trust the USDA. Think of how many surprises and "corrections" they have provided the market place with during the past 3 years alone. How about this as a question...
Why can't they do their due diligence and get things somewhat right the first time? I can understand being off by a small error, but 300 million bushels?
I don't even want to know how much of my tax money is going to pay these fools.

IACommodities - Watch how many times they lower the corn yield before this is all over. There is enough harvest done right now to have a very good feel for where things will come in. Instead, they will drift it lower and then finally publish some "surprise" or publish a report correction that sends the market into another frenzy one direction or another. Why publish the June 30th report at all? You just provided evidence for my statement that the USDA is one of two things... Corrupt or Incompetent. Thanks!

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