|
Red River Valley | according to the USDA supply demand report were quit a bit lower in both corn and beans than the projected ending stocks are for the 3-10-2012 report
3-10-2011 -- corn ending stocks were 675 vs 3-10-2012 ending stocks at 801
3-10-2011 -- Bean ending Stocks were 140 vs 3-10-2012 ending stocks at 275
for wheat they are 840 last year vs 825 this year but crop ratings are well above the mess they were last year
It was not until later that the true amount of corn and beans the farme had on hand came to light and ending stocks for corn shot all the way up to 1.125 bb and beans jump to something near 200 mb
so if we look at last year and figure the miss in the march report is the same this year ---- O' we don't even want to go there I will get lambasted to even think that way LOL | |
|
Oilseeds
