NASS Set To Release November Forecasts Friday

When it comes to USDA’s crop production forecasts.

“By the time we get to November, the forecasts are usually very close to what we end up saying as the final yields,” noted NASS' Lance Honig.  And the USDA's Ag statistics service will release its crop production forecast later this week.

“In a year like this in particular where harvest has been moving very quickly, what that means is for the farmers that we're surveying and it's close to 6,000 farmers that we surveyed leading up to this report, in many cases they're reporting actual yields to us because they're well into harvest if not finished.”

He added USDA experts have been tracking, measuring and lab testing over 3000 field plots, meaning the numbers now will be fairly close to the final data.  That forecast will be released this Friday, November 8th at 9 a.m. Pacific.

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