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S Illinois | I would hold off on saying the WASDE soy export number has to go higher. We have reached the timeframe where shipments will not catch up to sales. In 10/11 we hit sales equal to final shipments on the Mar 17th report, 12/13-April 4th report and last year May 1st report. We only sold and shipped 185,000 mt more from this date forward last year. My guess is we are right on concerning soy exports. We will likely have 1MMT carryover to next marketing year. | |
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