USDA's Prospective Plantings Report for Corn to be Released Soon

Those watching the commodity corn market should remember that the USDA's Prospective Plantings report is scheduled to be released on March 31.

History has shown that many times the futures market makes a lot of swings leading up to the release of the report; with speculation and rumors generating the swings.

On the other hand the elevator markets are usually less volatile, and trade on the realities of supply and demand rather than the unknown.

In other words, we need to be cautious during this time, and resist the temptation to follow the speculators.