Posted 9/15/2014 12:40 (#4075670 - in reply to #4075399) Subject: RE: 2004 vs 2014 chart
The chart pattern sure has looked similar all along. Regarding a recovery post-harvest, kind of hard to say yet- but to have carryout % matching the 2004-5 marketing season, we would need ending stocks in the 2.7-2.750 range. Is the crop gonna hit 15 billion? ******