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S Illinois | In the Mar 2012 S&D report we were only going to do 1615 million bu crush and 1275 mil in exports and ending stocks of 275 mil. This year we are at 1879 million bu crush and 1690 million bu exports with a 460 carryover. We are using a while lot more bu this year than what was scheduled for 2012 pre drought. A 40 bu yield like 2012 would put production 500 mil bu below this years usage. Now in now way would I call that yield even remotely likely or base my marketing plan on it. But it does show how at the extremes we could have a carry out somewhere between 100 mil and 800 mil. | |
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