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Weekly crop progress reports are a joke
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thereaper
Posted 6/16/2020 21:36 (#8319287 - in reply to #8319260)
Subject: RE: Weekly crop progress reports are a joke


Ol’ Wisco
USDA is just, while loud, noise to the market. The reason you don’t like the numbers is because they are counter to your position and don’t reflect the move you would like to see based on your exposure.

I’m sorry but the USDA does not control the market and your, and frankly 90% on this forum, displeasure with them is because of how you are handling your risk. They have the most verifiable data vs any other institution that is projecting yield and condition. That’s why the market takes some notice to them.
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