A market analyst is calling Friday’s USDA crop report
disappointing.
Jamey Kohake with Paragon Investments says he expected friendlier numbers.
“The corn yields were a bushel higher than where we were in December. They did lower harvested acres (for) a crop size of 13.6 billion, just a little bit lower from where we were last month.”
He tells Brownfield the biggest negative for corn was a
larger than anticipated global production figure.
Continue reading Analyst on Friday’s “disappointing” USDA report at Brownfield Ag News.
