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Newsom on the Market
Darin Newsom DTN Senior Analyst
Fri Aug 8, 2014 07:12 AM CDT

Like most people my age, I took shop class in high school (yes, decades ago). One of the first lessons Mr. Jacobs taught us was that unless we liked scratches on our projects, we had to learn to sand with the grain of the wood. While that is a valuable lesson in the world of woodworking, I've found that sometimes in analysis one has to go against the grain.

I'll talk more about them in Monday's USDA report preview on DTN, but needless to say, pre-report estimates heading into the August round of USDA numbers are bearish. And when I ...

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