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What is 400 million bushels of corn carryout worth??
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RayJenkins
Posted 9/29/2015 14:21 (#4814986)
Subject: What is 400 million bushels of corn carryout worth??


SC Iowa


I was doing some research regarding when the low on Z-14 corn was set last year….which was real late Sept/early Oct

At this time last year, the Sept WASDE had the 8/31/15 carryout projected at 2.002 byn bushels

And the Z/N was trading 29 cents


This year, the Sept WASDE is projecting an 8/31/16 carryout of 1.592 byn bushels

And the Z/N is trading 23 cents

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