not that I believe it but the WASDE has us exporting 430 myn bushels out of a 574 myn bushel crop or 75% of the crop!!!

( http://www.usda.gov/oce/commodity/wasde/latest.pdf )

The Market is going to have a REAL TOUGH JOB pulling THAT much of the crop to Export at THESE Basis values..  in fact that is impossible.

You'll have to pull a significant amount of bushels out of Western Kansas Feedlot country to do that.. ain't gonna happen.

It will probably take +.20 to +.35 premium corn to do it... would be my guess.. something like that.

???

And Corn is probably going to go up also.. so...???