I am having a lot of trouble following your original post. You stated that from 2009 to 2010 demand increased by 28 MMT which I can follow and I think it is right, however it is 2009/10 crop year that increased by 28 MMT into the 2010/11 crop year. After that you stated that demand increased by 66 MMT ton from 2010 to 2011 and what I see is that it is projected to increase by 66 MMT from 2010/2011 into 2011/12. To me that just looks like a projection and in the same projection it increases supply by 73 MMT which increases the ending stocks by 8 MMT. Those are all March estimates and it has changed a little for the April estimates. To me if the supply estimate would end up being smaller then I also think the demand estimate would be lowered. I like being able to think that the demand is outweighing our producing capabilities but I can't see it myself on the total world grain supplies. I think this is all good information and it could certainly help with market plans but I am not sure that I see this as bullish yet.