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USDA crop surveys....
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westernks
Posted 9/2/2009 22:28 (#833557 - in reply to #833510)
Subject: Maybe, Maybe Not!



Guess who uses that information first. The big grain companies love those surveys; they have the ability to digest the information when released to the public long before the individual producer can make heads or tails out of the reports. The only thing that might be good about the surveys is if they didn't do them at all the big grain companies may just report their own numbers with absolutely no bearing on crop conditions, just something to move the market. May just happen anyway right now. I know that I am totally confused on why, at times, corn can be up 10 cents at 1 pm, and at the close, 20 minutes later it is down 10 cents even without any news; maybe they found some more GDUs under the car seat by the old french fries!
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