02-02-2014 04:09 PM
It hasn't been a game changer when I said it ---- but I wish it was- -------- some one always pops up and calls me a "conspiracy theorist".
But I agree with roarintiger1, -------------------- He is------ Right on the money.
The whole process looks corrupted as long as they spend so much time trying to predict the future and allowing the trade to prop up usda ego's. Like much of usda's activity the reports have lost focus and purpose.
Darin says it very well.
02-03-2014 06:53 AM
Gold standard of production assumptions left to private forecasters - I would hope that would leave the weather privy folks out of the equation --- "Leaks" can be an interesting word in the commodity carnival ---
02-03-2014 07:30 AM
USDA defends its ability to predict production a season ahead ------ with production largely controled by weather yet to happen.
And nearly at the same time refuse to factor in weather events that have happened until harvest results are in.
It is pretty obvious the "weather " has never factored in to usda's equations on production.
02-03-2014 07:41 AM
SW - I agree on that as I'm not sure who has the highest batting avg. - my computer weather forecaster or computer stock broker annalist ? Fiduciary is an interesting word in this arena ---