Posted 7/7/2012 06:33 (#2470969 - in reply to #2470413) Subject: RE: Will this year change USDA forecast methods.
E.Central MN
If their method of predicting farmer behavior continues, they will start out with a higher trend line yield and higher acreages next year (if we go into the new year with higher commodity prices). They may have to throw out a few more years lower yields to do it though... Look how well it worked to keep average commodity prices down this year.
Will this year change USDA forecast methods.
