An ag risk manager says next Friday could be the biggest USDA report day in a generation.
Jamey Kohake with Paragon Investments tells Brownfield following the government shutdown, a backlog of information is set to be released February 8th.
“And I don’t think guys can sit back and say if it’s a bullish report we’re going to keep checking on higher and the lows are in. You’ve got to have your price targets set, know your break-evens, have your acres set, and trade price.”
With the potential for a bullish World Agricultural Supply and Demand report, he cautions those tempted to stay on the sidelines waiting for the next rally.
