Video: USDA Report Analysis

by Archer Financial Services | Sep 28, 2018
By Dennis Smith 
To learn more about Dennis, click here

USDA Report Analysis

September 28, 2018

  • Corn stocks are down 7% from the previous year.
  • Corn on-farm storage is down 21% from last year.
  • Off farm storage is up only 1%.
  • Much more corn is already in commercial hands.
  • Index funds are adding to their length in corn.
  • Trend following funds hold a major short position.

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