Posted 1/13/2021 07:06 (#8747199 - in reply to #8747057) Subject: RE: Usda s%#t
Many may want to think through what they are saying. IN555’s acres numbers are useless because all of the sudden we have a 13.5 demand base instead of 14.5 because this is just “making” up for previous years. And how about the extra demand because UDSA “kept” prices too low? Demand at 3.50 is much different than 4.50 or 5. So now the US demand base is only 13b bu. after accounting for the fudging of the numbers.
May want to sell as much new crop as possible.
Edit: I assume you have you own set of numbers you are going off of? If the USDA was wrong before the report yesterday is also wrong.