NEIAAG - 2/17/2025 15:07
Happy First Timer - 2/17/2025 12:29
We often have a lot of varying opinions on the USDA. For those that want to report potential fraud and suspected abuse Elon has set up a twitter (X) page that allows you to communicate directly with the Doge team that is going to be auditing the USDA. It will be interesting to see if this has any impact long term on the markets. It seems like there will be now be an actual pipeline to communicate with the folks doing the audit. I know a lot of people on these forums have a lot of information that I am sure would be helpful to the folks at Doge. I’m hopeful this will lead to reform that will be beneficial to our markets and fix the problem of 12-18 month late adjustments to the balance sheets/ending stocks that cost farmers billions of dollars every year. That would be a nice start anyway.
Sounds good. But fundamentals by definition have to lag because you can't count something that doesn't exist until it actually does. So what is the solution to making adjustments months later? Should the adjustments be made only if they benefit the grain guys but not anyone else? And if that's the case, should the decision be made to benefit those that managed risk, or those that did nothing? Or decide whether to adjust if it should be price supportive? And if it benefits the end user then they shouldn't adjust it at all? The point is it a a slippery slope and an impossible expectation. The market already knows anyways.
Take care
Usda Doge page on X
