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Central, IL | New crop is not to be included in the report. Also grain in transport is not counted. How they segregate new from old or bushels sitting on barges lined up on the banks of the Mississippi I dont know.
It is my opinion that new bushels got added into the mix at some point. I also think USDA will lower the yield in upcoming report. By how much is the million dollar question.
Is the USDA sweating bullets and buying time? I believe so. Time will tell. This was a needed correction that I hope some end users take advantage of. | |
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OCT. REPORT or any usda report....................
