July 21, 2023 |
ATI Newsletter 2023 - Week 29
The USDA next week will begin its crop survey in preparation for release of the Crop Production report on Aug. 11. Recent history shows the potential for a significant change from this initial forecast to the final total. Uncertainty about final production could also remain quite high this year given the recent improvement in crop condition ratings. As a student of the market, you understand that attempting to predict yield and accompanying price action is impossible. A more prudent approach is to work in tandem with your Advance Trading advisor to develop and implement a disciplined risk management strategy.