Pre-Report Analysis of March 9 USDA Reports

AgWeb.com will have full coverage of USDA’s March 9 reports, following the 11 a.m. Central Time releases.

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Jerry Gulke, president of The Gulke Group, says it is technically bearish to close below the lows the previous two months.
Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
NASS identified a processing error affecting September corn data for Kansas, Nebraska and national figures. The agency says its October forecast of 181.2 bu. per acre remains unchanged, leaving questions about the yield jump.
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