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Updated quarterly numbers are out
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Posted 4/17/2014 15:42 (#3822031 - in reply to #3821629)
Subject: RE: It is interesting to note that ....



Death comes to us all. Life's but a walking shadow
If you compare the feed & residual for Q1 & Q2 2012/2013 with the Q1 & Q2 2013&2014 they are 2,082 & 1.079 vs. 2.406 & 1.454 respectively. The difference is 699 million bushel. Last year's total feed & residual was 4,333 vs. the projected 5,300 for this year or a 967 million bushel difference. We only need to add 268 million bushel to the feed & residual to make the projected 5,300. Earlier in the year there was considerable skepticism about that feed & residual number now I'm wondering if it is even high enough.
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