Bare Knuckles Ag ™

price forecasts

USDA’s June WASDE Corn Price Forecast too S-T-I-N-G-Y by Historical Standards

Initially, the trade reaction to USDA’s June 11 WASDE balance sheet for corn was price friendly. Traders were surprised USDA cut the planted acreage estimate by 3 million from March Prospective Plantings this soon; not even waiting to see the…
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WASDE Wizard® Perspective on August WASDE Numbers

WASDE WIZARD ® Perspective on August WASDE Numbers Huge yields tanked futures; export outlook recovers some. WASDE Wizard® is 2-for-2 in post-release accuracy. Upon release of USDA’s June WASDE,  the price forecasting model I’ve dubbed my “WASDE Wizard®” said the…
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