Digesting the USDA quarterly Grain Stocks report & 2024 Acreage update with
Ойын-сауық
We chatted last Friday afternoon with Andrew from @lighthousecommodities about the USDA quarterly Grain Stocks report and 2024 Acreage update, how it affected the commodity markets and what we should expect going forward. What are your thoughts?
#usda #quarterlystocks #oatt #corn #soybeans #wheatharvesting #cbot #grainmerchandising #grains #farm4profit
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If you look at the top half of the state of Illinois, there are 3-5 20k acre plus giga operators, but there are dozens of us, maybe hundreds in the 5-15k acre space. The one advantage we could all use, is don’t report, and don’t give it away. Don’t let our information be used against us. It’s a smaller number of people who have to think alike. Not collude, or price fixing, just be like minded.
@farm4profitpodcast
25 күн бұрын
possibly, but this particular report was just a survey, not really reported acres since those are not due until July 15th. In this episode we also discuss that they probably have pretty accurate data from satellite imagery