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Big Exports.
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Posted 10/23/2014 11:57 (#4141399 - in reply to #4141193)
Subject: RE: Big Exports.



Death comes to us all. Life's but a walking shadow
Corn exports for '12/13, '13/14 and '14/15 Exports 730 1,917 1,750 1,750. million bushels. The USDA has very modest export expectations for '14/15 especially in light of our last year's 1917 million bu. I guess they figure the cheaper it is the less they will buy.
As for soybeans we shipped 1.88 mmt (69 million bu) and sold another 2.16 million tonnes (79 million bu.). I guess somebody thinks the price of beans is Ok. After all if you know you'll need the beans and you can buy them today for little over $9 physical or futures why take a chance on Brazil getting planted and harvested when they are right here waiting to be loaded.



(corn expt 10-16-14-page-001.jpg)



(beans 10-16-14-page-001.jpg)



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Attachments corn expt 10-16-14-page-001.jpg (83KB - 101 downloads)
Attachments beans 10-16-14-page-001.jpg (71KB - 116 downloads)
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