@usda_nass@LanceHonig Hi Lance, I see that world wheat ending stocks were adjusted going back at least 5 years. the changes were 1/2 mmt up to over 2 mmt. No details from the major countries so where were these changes hiding? These types of revisions are very troubling.
@usda_nass@LanceHonig When we see revisions going back several years, is it the USDA making those changes or is it the individual countries giving us updates. for example Canada wheat was adjusted back a couple years across several categories. always surprising to get updates 2 or 3 years delayed.
@usda_nass@LanceHonig based on your own objective info as seen in your chart below, that doesn't indicated an unchanged yield to me. I find it hard to believe that all yield factors you look at coincidentally happened to come out unchanged. It would make so much more sense to have some change.
@usda_nass@LanceHonig Hi Lance, curious about corn stocks. The June stocks report implied greater stocks as actual number was 120 mln over expectations. Yet July WASDE had corn stocks 100 mln UNDER the lowest estimate. Doesn't add up to me. help me understand please
@usda_nass How does this happen. Its not the first time either. Many people got access to the data at different times and that is completely unfair. Why can't the data be released when the markets aren't open like 2:00 central time. fair for all, not just the ones with fancy computers
@usda_nass@LanceHonig Lance, what is the easiest way to rebuild the balance sheets when you guys make really old changes. I can get most of the info from psd online and quickstats but how do i get exactly the seed and residual numbers?
@usda_nass@LanceHonig This is a problem. These charts are from the reliable and accurate @kannbwx Lance, a history of misses doesn't instill faith in the data. "well, that's the data" isn't an acceptable answer anymore. Maybe the survey respondents aren't being truthful??
@usda_nass@kannbwx@DevoAgain@LanceHonig Lance, would it be possible for FAS to collect the acreage data that breaks out both grazing and harvesting... and report it as such. would be a lot more straight forward.
@usda_nass@LanceHonig Hi Lance, everyone, and i mean everyone my company is talking to has spring wheat yields in ND above 50 bpa. no one is below that. I'm completely dumbfounded at the USDA yield number. Was that done by survey or objective or what?
@usda_nass@LanceHonig#statchat Hi Lance, we seem to get a big surprise from the USDA in almost every WASDE report. Bean production was outside the range and corn was on the edge. Those of us in the ag industry would love to have a better understanding of your methodologies. surprises aren't good.
@USDAForeignAg When will the system be available. Also it would have been nice to tell people you were changing the report format and also the quantity in thousands instead of the actual. A lot of users are going to have to reformat. Giant PITA.