NEWS
USDA Maintains Status Quo
Darin Newsom DTN Senior Analyst
Fri Mar 8, 2013 01:47 PM CST

Another monthly USDA report has passed and with it comes more questions as to why these things even exist anymore. Much of the report was left unchanged from last month, which itself was unchanged from the month prior. It has reached the point where the percent of traders/reporters/producers who view the reports as anything close to valid can be shown on one hand.

The most glaring problem is in soybeans. Domestically, the table was the same as the one seen in February, despite the incredible pace of exports that exists. Through the first 26 reporting weeks, half of the marketing ...

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