Posted 6/30/2010 16:10 (#1255926 - in reply to #1255903) Subject: 166 B/ac needed! > very bullish
I agree with SC the the stocks report, the 300M B that disappeared is a big deal. Not only is that corn not there but even with our "record crop" in 09 demand is still greater then production. That would leave us with a 1.3 carryout going into 010
With a 13.4B demand projected for the 10 crop and with SC projection of 80.6 harvested acres we would need a 166 B/ac yield just to hold a 1.3B carryout. We HAVE to grow a huge crop this year or we will have to see price rationing!
I mean we could have the highest national yield ever in 10 and still not meet demand.
Looking for some opinions, please share.
