AgriTalk After The Bell: March 1 Stocks Should Be Focus

March 26, 2018 04:07 PM
 
 

Chip Nellinger from Blue Reef Agri-Marketing says Thursday’s Prospective Plantings Report may be getting all the pre-game coverage, but on Thursday at 11:00 CT your focus should be on March 1 corn stocks. He told AgriTalk After the Bell host Chip Flory that inventories of cattle, hogs and broilers are large enough that some market-watchers may be underestimating second-quarter 2017-18 feed use. Nellinger added the planting intentions data is done too early in the year to be considered a reliable indicator of actual plantings. “We’ll likely have to wait until January – again – to get the actual acreage number,” said Nellinger. “Until then, weather and its impact on yield is more important than these acreage estimates.”

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close