usda forecast

One of the most difficult jobs that analysts at the Agriculture Department have is periodically trying to forecast US agricultural imports and exports.  USDA economist Bart Kenner said developing an accurate forecast is very challenging since so many different things can impact trade.   “...

The USDA’s crop production report that came out this week surprised many across the ag sector particularly when it came to corn and soybeans.   USDA Chief Economist Rob Johannson noted, “We’re at 14.2 billion bushels estimated right now. Trade range is also at abo...