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Red River Valley | Not exactly the story that others have been preaching
It seems after doing a little investigation of the 2008 carry outs as stated in the April 2008 S&D report it seems to me that this constant Mantra that 2008 was all Hot money and this year is all fundamentally driven Might need to be talked about.
But I will give you all the Numbers and you can decide for yourself's
In the April 2011 S&D report the carry outs for US and world were as follows
Commodity----------------------US carry out ------------------- World carry out
Total Grains---------------------- 45.46 -------------------------------488.66
Wheat ----------------------------22.84--------------------------------182.83
Corn course grains-------------20.94 --------------------------------155.72
Rice---------------------------------1.68---------------------------------- 97.09
vs 2008
Total grains -----------------------43.13-------------------------------317.11
Wheat-------------------------------6.58-------------------------------112.48
Corn Course grains----------------36.17------------------------------127.54
Rice-----------------------------------1.27-------------------------------77.09
As I stated it is up to each look at the numbers and draw your own conclusions
sorry it got off line by a line or two would not post in columns
Edited by Tara Farms 4/16/2011 19:30
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Carry out stocks 2008 vs 2011 HMMMMMMMM
