USDA Making First New Crop Supply/Demand Forecast, Despite Uncertainties

WASHINGTON D.C. (USDA) USDA analysts are brainstorming right now, trying to forecast yield, production, exports and prices for the crops that are just now being planted. It’s a hard job due to so many uncertainties. (Gary Crawford and USDA Outlook Board Chairman Mark Jekanowski)

USDA will release the new supply and demand report this Thursday, May 12, high noon EDT. USDA will also release a new production estimate for the winter wheat crop.