Harvesting Crop Production Reports

Seal of the United States Department of Agriculture (Photo credit: Wikipedia)

Crop production reports, issued by the United States Department of Agriculture (USDA) every month, are often considered the most important weapon in a fundamental trader's arsenal. These reports release new information regarding supply and demand of U.S. grains and oilseeds and are a must-read for anyone who trades in the corn, soybean or wheat markets. These reports have the potential to change the outlook of the markets drastically: a slight change from the previous month in any of the report's numbers can have major price implications. Even a one-bushel increase or decline in potential yield might have a huge impact. The reports, however, are virtually useless to the trader who does not know how to properly analyze and interpret them. In this article, we'll show you how to get the most out of these USDA reports. ... Continue to read.

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