USDA-WAOB made only minor changes to the 2015/16 supply-demand estimates. Next up is the March Prospective Plantings and Stocks reports. PRX will update our 2016/17 acreage estimates based on the March reports.
The analysis above is not intended as a trade recommendation. The analysis and forecasts are based on available public data and on the best judgment of PRX, but cannot be guaranteed to conform to future reality.