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SA weather trouble
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southernmnman
Posted 12/2/2016 17:02 (#5671324 - in reply to #5671209)
Subject: RE: Sat


South central Minnesota
Sat - 12/2/2016 14:29

hunterjoe - 12/2/2016 11:20

Sat just curious what it would take for you to turn slightly bullish?


This would get me like bullish bullish.
Corn carry out below 1.7-1.8 bb wanna get the fund boys really excited drop it below 1.5 bb
Beans below 250 mb more exciting below 200 mb
Putting 10k acres nation wide back into CRP would be a start toss (my local counties put in ZERO this year)
Crash and burn the US $$$ to somewhere under 85 other currencies will follow higher.

This whole Demand, Demand, Demand that's is and has been being pushed and its far from just Don.
Say, THANK YOU, THANK YOU, THANK YOU TO BRAZIL, much more so corn as Brazil had the 2012 style drought.
Yeah this export demand is AWESOME yet no one seems to put some numbers how much was simply because of Brazil's late "Drought 2016"

Again, Demand, Demand, Demand, Side Note: funny no one say a thing about soyoil/meal exports ?
Basis
Spreads
Futures price
A couple of other "Goodies" are telling a totally different story.

We went from 465 mb estimated carryout on the 2015/16 crop year in Dec to 197mb , per the last wasde, I'm sure you poopooed that as meaningless.
10k is not very much, 10,000 acres really? They excepted a total of 800,000 acres last May, about a split of 50/50 new and reupped. Hey Marty we're actually outpacing the Brazilians in bringing land into production and they're talking a moratorium on expansion , oh oh!
We seemed to have sold and moved quite a bit already with a dollar above 95, I wonder on the shortened week how we got 1.4 mt sold and you said there wasn't anything happening, oh a couple of boat loads. Sales just died, that's rich! Oh and 20% more shipped than anytime ever before,around 150mb out here than we've ever done before, demand demand demand! That darn donkey, saddle up!


Edited by southernmnman 12/2/2016 17:03
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