What Are USDA Prospective Planting Reports?
Agricultural commodities can be difficult to predict due to unexpected weather and competing incentives for farmers. Fortunately, there are many tools that commodity traders use to make predictions, including long-term weather forecasts and reports like the USDA’s Prospective Plantings report.
In this article, we will take a look at the USDA Prospective Plantings report, also known as the Planting Intentions report, and how commodity traders can interpret the data.
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