Source: Tyne Morgan, AGWEB, 2/8/21


Fresh off USDA’s final production numbers released in January, USDA’s February report typically doesn’t provide any shattering numbers to move the markets. Typically, the Ag Outlook Forum, which will be released next week, gives more market insight and information than USDA’s February report. However, the 2021 February report could be an anomaly. “The expectations are normally for a yawner,” says Brian Grete, editor of Pro Farmer. “Normally, they don't do a whole lot, just some fine-tuning. I think the report this year will be much more active than what it has been in the past.”

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