Grain stocks reports often overlooked
he U.S. Department of Agriculture’s (USDA) quarterly grain Stocks report is often overlooked because it is usually released at the same time as other reports the trade thinks are more important. The September grain stocks report is about the only one that garners attention, because the Small Grains report is the only other report on that day. The grain stocks reports are essentially an inventory count for a specific date. The numbers are important, as they tell the industry something about both demand and supply.
Such is the case with the looming March 31 report. It is mostly being overshadowed ...
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