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| For the 15/16 crop year, our shipments were beginning to flatten out spring which is to be expected. When the yield potential of the SA crop was curtailed by late season weather, our sales picked up again, in an atypical manner, and shipments accelerated into the end of our crop year.
You have to assume that a crop will turn out 'normal' until conditions manifest to show otherwise. The SA crop looked relatively good all season, only to get clobbered at maturation. USDA nor you or me can predict season end weather. You can't count on a disaster every year (which is kinda what happened in SA last year)
USDA's export figure was relatively close last year, until late in the season, then it wasn't.
SA seems to be having a better finish this year, and they might just be stiff enough competition this year to make our late marketing year export position turn out less than expected this year. Give it all a couple months then the crystal ball will be much clearer. | |
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And dearly departeds, such as Tara and Sat
