(NAFB.com) – The USDA’s National Agricultural Statistics Service will release several key agriculture reports in November, including a monthly crop supply and demand report that wasn’t issued last month because of the government shutdown. According to a post on its website, NASS will release the crop production and world ag supply and demand estimates on November 14. Reuters said the report had been scheduled for November 10 and will provide the government’s first estimate of U.S. corn and soybean production since September, when most of the Midwestern harvest hadn’t begun. Multiple social media posts by U.S. farmers have said that the USDA’s yield forecast was much too high. The USDA’s monthly cattle on feed report will be released as scheduled on November 21, after the October report didn’t take place. Allan Featherstone of Kansas State University told Ag Web that the markets rely on those reports to figure out what’s really taking place.
