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USDA Report Tomorrow? Will crop prices rise or SINK!

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    USDA Report Tomorrow? Will crop prices rise or SINK!

    Tomorrow the USDA comes out with their
    rah rah report on spring seeding
    intentions.
    This is where they add a bushel an acre
    to Iowa or some other state and get the
    corn number back to what it should have
    been.
    So will Soy acreage be up or will corn
    be up.
    My guessing is USA farmers love growing
    corn.
    You cant have every crop up. Winter
    wheat seeding was up last fall so what
    will the soy number be.
    My guess no change from where the market
    has it at.
    My guess 95.5 corn and 75 Soy.

    #2
    I don't think the numbers are new enough to have the recent bean prices factored in just yet, I'd bet something similar to those acres but I think bean acres have already been bought back and will show up on the next report.

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