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WASDE!!!
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w1891
Posted 2/9/2017 12:59 (#5827857 - in reply to #5827629)
Subject: RE: WASDE!!!


S Illinois
The most interesting numbers are the Chinese wheat and corn numbers. Wonder what ending stocks number they are shooting for regarding the two? Looks like they need to flip flop their stance on cutting corn acres and instead start cutting their wheat acreage. We hear about the corn carryover so often which is at 44%stocks to use, but they are sitting on more wheat on an absolute amount and it is almost at 100% stocks to use. Hopefully they can store wheat better than we can locally, because from my experience keeping corn in condition is much much easier vs. wheat when summer roles around.
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