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USDA Reminds Ag Stakeholders Of Report Release Changes

USDA Reminds Ag Stakeholders Of Report Release Changes

First releases of 2013 will come at new time of 12 p.m. EDT.

The U.S. Department of Agriculture reminds data users that the National Agricultural Statistics Service and World Agricultural Outlook Board will begin issuing several major USDA statistical reports at 12 p.m. EDT beginning on Friday, Jan. 11, 2013.

USDA previously released these crop reports at 8:30 a.m. EDT. USDA statistical reports with the noon release time are: World Agricultural Supply and Demand Estimates, Acreage, Crop Production, Grain Stocks, Prospective Plantings, and Small Grains Summary.

 The time for livestock reports currently released at 3:00 p.m. will not change.

First USDA releases of 2013 will come at new time of 12 p.m. EDT.

An announcement about the change in time was originally made on September 19, 2012. At the time, USDA Chief Economist Joseph W. Glauber said in a statement that the change has benefits.

"The shift to a noon release allows for the greatest liquidity in the markets, provides the greatest access to the reports during working hours in the United States, and continues equal access to data among all parties," Glauber said.

Watch for exclusive Farm Futures coverage of the anticipated January reports.

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