No Surprises Expected in April USDA Reports

April 9, 2016 05:00 AM

Between extreme weather predictions, a 20-cent corn collapse, USDA plantings above expectations, and a rally in soybeans, the market may not find much to surprise it in Tuesday’s World Agricultural Supply and Demand Estimates.

“There is no reason to believe that we should see (USDA) reduce exports or change anything in feed grain or change anything in ethanol,” said Jerry Gulke, president of the Gulke Group in Chicago, speaking with Farm Journal Radio’s Pam Fretwell.

He’s already looking ahead to the May WASDE report, which is “probably going to be our last chance … for telling us if our export and feed demand is that much better.”

Listen to his full comments here:

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Spell Check

Hastings, NE
4/9/2016 08:55 PM

  Traders are going to make a lot of money. Insider trading is against the law.

Chappell, NE
4/9/2016 09:26 AM

  Please ask if anyone gives a flying fornication what USDA says.