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| Right you are Deere only corn carryover is now 8 weeks consumption at back to previous 2012 drought levels of 1.2 billion bushels per month,
Today's export number make bean shipments and contracted sales (which look like cancellations are slow comimg) is at 51 mmt so we need sales of about 150,000 Mt of beans a week to meet usda numbers. I think exports hit 57 to 58mmt 125 million bushels more than the recent forecast. Crush I see at 42 to 45 million bushel per week putting disappearance at 4.35billion bushels and that is with a crop of 160 mmt in SA.
We NEEDS more acres | |
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