USDA to review quarterly U.S. grain stocks report methodology
Story Date: 4/16/2021

 

Source: SUCCESSFUL FARMING, 4/14/21

The U.S. Department of Agriculture’s statistics division is conducting a “deep dive” review of how it conducts its quarterly U.S. grain stocks reports, an official said during an online conference on Wednesday. The quarterly reports are among the most market-sensitive releases from the USDA’s National Agricultural Statistics Service. The stocks figures, detailing the amount of major crops held on and off U.S. farms, are based on surveys of about 8,400 commercial grain facilities and roughly 80,000 farmers.

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