"Trade the Farm" Eyes Much Anticipated Grain Stocks Report
Mar 27, 2012
With the highly anticipated grains stocks report looming this Friday, traders, farmers, ethanol plants, and cattle producers will all be crunching numbers at 7:31 am CST in hopes of getting the first look at this marketing years forecast-ed crops.
This March 30 report has been historically one of the more detailed estimates in examining how much corn, beans ect ect., will be planted for the marketing year. This report is also one of the more historically surprising reports often seeing the USDA punch out estimates far from the average analyst projections.
Here at Trade the Farm we feel the real action will be Sunday night after the market has some time to digest all figures and begin to trade on a global scale. As the macro environment changes on a daily basis, world crops have become ever more important in our everyday lives in regards to supply and demand.
Please send us your thoughts and comments, either regarding this weeks report or just an outlook for this years crop.