THE BUZZ: Analysts Don't See Big Changes in March Report
Buzz explores crop report, insurance, options and Argentina.
Compiled by staff
Published: Mar 5, 2009
Chaos in the financial markets continues to rule day-to-day movements in the grain market, making it difficult for traders to focus on the upcoming March 11 USDA report, according to Farm Futures Market Analyst Arlan Suderman.
Suderman appears on this week's edition of The BUZZ, with Senior Editor Bryce Knorr. Every month, Suderman and Knorr are included among the top analysts surveyed by wire services for their forecasts for key USDA reports, providing the "trade estimates" widely circulated in the market.
For March, the Farm Futures marketing team doesn't see big changes. Corn ending stocks could increase 15 million bushels, to 1,805 million, soybeans could drop 10 million, to 195 million, and wheat could drop 30 million, to 625 million.
The USDA was one of several topics discussed on The Buzz this week, including crop insurance, options strategies and problems between farmers and the government in Argentina.
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Tagged: usda, farm, farm futures, wheat, soybeans
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