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USDA to release 10-year Agricultural Projections

U.S Department of Agriculture will release long-term agriculture projections

By , Farms.com

The U.S Department of Agriculture (USDA) announced that it will be releasing a new report providing a 10-year agriculture projection to 2022, which is scheduled to be released Monday, February 11, 2013 at 11:00 (EST). The release will be posted on the Office of the Chief Economist website.

The USDA publishes projections every year in February. The new projections will cover topics such as crop, livestock, commodities, agriculture trade, farm income, and food prices. These projections are not the regular USDA forecasts, but rather are assumptions based on a number of factors including farm policy, weather, the economy and other international factors.


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Iran War = “Trend is Your Friend” Short-Term BUT……

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Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.