The market is poised for volatility with USDA essentially releasing two months of supply and demand numbers Friday.
Stewart Peterson senior market advisor Naomi Blohm says she anticipates some dramatic price action once the reports hit at 11 am central.
“That’ll be an opportunity for old crop and new crop cash sales, and that’s what we want to focus on, especially if we can get some upside reaction right away.”
She tells Brownfield if March corn rallies near $4 dollars,
farmers should be ready to let go of old crop bushels.
Continue reading Fireworks could accompany backlog of USDA numbers at Brownfield Ag News.
