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If the arithmetic is correct...
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djmcountryboy
Posted 6/30/2015 19:22 (#4654787)
Subject: If the arithmetic is correct...


Mascoutah, Illinois
The USDA Report says 88.897 intended corn acres.
93% harvested
equates to 82.675 million acres

A 13 billion bushel crop would need a national yield of 157.25bpa


Bean acres:
Intended at 85.139
94% complete as of Monday's Report
equates to 80.03 million planted
leaving 5.1 million to plant

Is it safe to say half of the 5.1 million does not get in or not??? I don't know. If so, we take 116 million bushels out of the carry using the USDA number of 46bpa and 99% harvested.

How much of this is priced in???

Don't know!!!
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