Markets Fade Heading Into USDA Acreage Talk February 22, 2023
USDA has their annual AgForum conference on Thursday and Friday. Typically their updated views on 2023 acreage by crop are released on the Thursday morning speech from the chief economist. Grain outlooks, with a full balance sheet, are generally released Friday morning during the specific commodity outlooks. In recent years USDA has sometimes released the full outlooks Thursday morning. That appears to be the case this year. All commodity outlooks will be released 6 am Central before the conference starts at https://www.usda.gov/oce/ag-outlook-forum/commodity-outlooks.
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