Lanworth Expects USDA to Raise Estimates

Yesterday, Lanworth 's Nick Kouchoukos said he expects the USDA to raise their corn estimates based on higher acreage. This is somewhat unusual as they normally don't release any info publicly ahead of USDA reports. Their clients pay to know that info ahead of everyone else. Kouchoukos said he thinks frost is pretty much a non issue now but interestingly, he seemed to suggest that high demand will lead prices higher. Tomrrow we'll find out if Lanworth was right about their USDA projections.

Watch the video here.