USDA to Release Slew of Grain Reports Friday
Crop Production and World Agricultural Supply and Demand Estimates could move markets
Friday is the day the USDA releases a mountain of grain reports all at one time because of a delay caused by the longest government shutdown in U.S. history reports Drovers.
Those reports will include Crop Production which shows the 2018 final numbers for the year and the World Agricultural Supply and Demand Estimates.
Even USDA Chief Economist Robert Johansson expects the grain markets to move because of the reports.
"It will probably be more of an impactful February release than we normally would have," Johansson told Drovers.