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Buxton ND | Your RIGHT ,I looked at the numbers again
747.2 sold
39.4 un-shipped
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equals .708 mb which is alittle behind USDA's numbers as of .715mb 8.29.13
I think this is the last report for the 12-13 crop year and inspections reports have rolled into the new year and started with only 9.8 well below the 23.6 per week needed to reach USDA's 1.225 bb which has all ready been lower from 1.3bb
So dont really know for sure where that 39.4 goes,rolled into next year or not,I read that as a wash,good for 13-14 bad for 12-13
This is the first week reported in the 13-14 marketing years and 9.8mb is well below the 23.6mb needed. Exports need to pickup the pace IF they do not by say Nov./Dec,pretty much means someone else,or some other feed grains have taken OUR corn business.......... This will be watched very close by the traders in the coming few months.............................................IF USDA starts to racket down export demand,,,,, we will not need a 150 bushel crop to built ending stocks. STRONG EXPORTS to regain demand lost last year IS needed if we what the spec funds money BACK to corn................................
Twas the night before the report not a creature was stiring not even a hedgie,the augers where hung,,,by the bins with care,,,in hopes,,,that a bullish report would soon be theirs ! ! ! ! ! Merry Report Day guys and gals I'm sure most are hoping hedgie gets that lump of coal Ha Ha
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