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Ag View Pitch: Here comes the January USDA report

Chris Barron and Duane Lowry discuss the potential implications of Friday's USDA this week's podcast.

January USDA Report--Will we find surprises? This week Chris Barron and Duane Lowry discuss the potential implications of Friday's USDA reports. This is a report that always has potential for surprises, but this year's report could be a major crossroads for price direction and 2020 acreage decisions. This past week US producers were able to capture their highest on-farm soybean bids since June 2018. Is this a selling opportunity, or an indication of higher prices ahead? Cash corn prices are good for 2018 yields, but for many producers, 2019 yields still can't dollar-up to a profit at current prices. A lot hangs in the balance with Friday's upcoming reports. Are you ready? Do you have a plan? Let's dive into it...

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