Welcome to the USDA's hectare Houdini act

By Grain Brokers Australia
Updated April 7 2021 - 11:09am, first published April 6 2021 - 5:00pm
Grains industry stakeholders are grappling with the many global production and supply balls that are up in the air right now, including new USDA estimates of stocks and intended spring planting areas.
Grains industry stakeholders are grappling with the many global production and supply balls that are up in the air right now, including new USDA estimates of stocks and intended spring planting areas.

The United States Department of Agriculture (USDA) stunned global grain markets yet again last week with the release of its quarterly US Grain Stocks report and the first draft of planting intentions for this year's US corn and soybean campaigns.

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