Source: SOUTHERN FARM NETWORK, 3/11/21


The March World Ag Supply and Demand Estimate report didn’t take many people by surprise. Ben Kasch is an account executive with Bower Trading. He says the markets were expecting few changes from February’s numbers. “USDA is taking a more cautious approach. They’ve been more aggressive since August on these crop reports, really drawing down stocks, starting with that September 30th Quarterly Stocks numbers, so there taking a more cautious approach here.

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