Could a Bullish Surprise Be Hiding in Friday's USDA Reports?

January 11, 2018 03:46 PM

USDA offers it's final look at 2017 crop production in reports released Friday. Are there bulls to be found? Ted Seifried of Zaner Ag Hedge thinks there is potential, particularly in the final soybean yield number. Trader estimates are in a very tight range and if the final number falls much below that range, the bulls could be in play for beans according to Seifried. For complete analysis of Friday's reports watch the video above.

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Spell Check

Not Santa
Oakes, ND
1/12/2018 07:09 AM

  Anything less than a 10 cent drop in price following the report would be considered bullish.