NEWS
Jerry Gulke DTN Columnist
Mon Mar 30, 2015 07:19 AM CDT

Although the first survey-based planting intentions estimates may trump anything else in the USDA numbers released Tuesday, the amount of grain on hand as of March 1 will be important to determining usage, otherwise referred to as disappearance, from Dec. 1 to March 1, the second quarter of the 2014-15 marketing year.

The first quarter's usage (disappearance) from Sept. 1 to Dec. 1 was reported in early January. Disappearance of grains used for exports and crush (ethanol or soybeans for oil/meal) are pretty accurate as reporting is required. Probably if there is a lag in reporting, it is assumed to ...

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