No big adjustments expected in Friday’s WASDE

Most analysts are not expecting much deviation from last week’s Quarterly Grain Stocks figures when USDA releases its April Supply and Demand Report Friday.

Iowa State University Extension economist Chad Hart says a surprise or two would more likely be seen next month.

“Just because that May report will also contain the first estimates really looking at the 2021 crop coming up.”

He tells Brownfield the Prospective Plantings report March 31st set the stage for bigger adjustments in the May supply and demand numbers.