Posted 2/23/2017 09:49 (#5857831 - in reply to #5857779) Subject: RE: USDA Outlook Acres
South Central Iowa
Yeah, the difference is the extra US production this year, but our tighter stocks shows how competitive we are. The gain in carryover is a SA burden, not ours. If the Real keeps strengthening and we remain in this cheap $9 and $10 area, we probably will keep overshooting USDA export expectations.