I guess that USDA as the supporter of US agriculture export should make the number supportive for the commodities. The stocks are ridiculous low and weather 'd always be a huge challenge anyway.
Is it my imagination or is the possibility of a repeat of last year's drought not built in? Everything I'm seeing shows news re this that is not good. The url I linked to has the temp and precip forecasts for this year & they both show the middle of the country to be forecasted as hot and dry.
Wow, completely missed that. I was looking at the calendar on the USDA website and didnt see this one. Any where else I can see a calendar for Grains announcements? http://www.ers.usda.gov/calendar/2013.aspx
ManinJapan, This one from USDA NASS includes the reports that were released today. http://www.nass.usda.gov/Publications/Reports_By_Date/2013/March_2013.asp You need to watch these three depts within the USDA: NASS - national agric statistics service ERS - economic research service FAS - foreign agric service The USDA may have a master calendar, but I don't know where it is. I use the above departmental sites or a $20 'almanac' from the Hightower Report guys. The 2013 Hightower Commodity Trading Guide contains a lot of other data for all commodity markets; it's well worth $20.
Maybe USDA report has more to do with inflation metrics and food prices related to USDA food stamps program rather than grains itself. I see long shadow of Ben over this report.