On Friday the USDA will publish its Acreage and quarterly Grain Stocks reports at 11am. Will the reports be in line with industry expectations, or will there be any surprises included in the data on Friday?
Jim McCormick, co-founder of AgMarket.Net, says that the acreage numbers will be the most interesting data available in the report.
He says that the March 2024 report showed a difference of several million fewer planted acres than a year ago in 2023. Will that number change significantly in this month’s report?
While the acreage report will draw the most attention, the quarterly Grain Stocks report also should answer a lot of questions about corn inventory.
For more marketing information visit www.AgMarket.Net
