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Newspaper
Rivers Banner
Location
Rivers, Manitoba, Canada
Date
Mar 29, 2013
Page
7
The USDA releases stocks and full production estimates through the month, giving analysts a chance to refine their forecasts. The report’s findings could push grain markets higher or lower, depending on whether supply or demand surprises emerge in the data.
The USDA will release its prospective plantings estimate on March 28 amid tight 2012 supplies, surveying over 80 000 farmers to forecast 2013 acres for corn wheat oats barley flaxseed soybeans and sunflower. The report guides potential over or under planting and price volatility while farmers await weather and Canada's statistics. Calls and emails offer on farm meetings with FarmLink Marketing.
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