We're just about to wrap up our fall deliveries.  With the short crop and the inversion in the markets a lot of grain has been brought forward.  It's a LONG TIME till fall harvest of 13.. Where is the inventory to carry us till then?

We got about 0.70" of moisture from Saturday nights storm.. along with a lot of wind.  There are area's of the state that are still not half emerged on the wheat.. (to my south..)  I'm not sure how big of an area that is.  Also the Western part of the state mostly missed on this storm.

I noticed on the maps that before this rain.. an area basically from here to Blackwell Oklahoma to the SW to Amarillo Texas had ZIPPO precip in the last 30 days.. 

So far for the calendar year we have 16.76" for 2012 an improvement on the 11.33" for 11 but still only about half of a more normal year like 08 when we got 32."  They are telling us that the outlook is "more of the same" with a third year of below normal precip on the way...???  With possibly a slight improvement.  Water Allocations will really start to bit this next year and irrigated acreage will be down here.

Right now my expectations for 2013 corn crop are not much larger than 12.5 to 13 billion.. from what I see here.  We had almost 12" of rain "here" during the 2012 HRW Wheat crop growing season.. so far we are a little over an inch.  I don't have much left to gamble with.. but we won't be tossing the final poker chips on the table for awhile now.. until the weather pattern changes.. we're in a Mizzou "Show ME" attitude.. vs last year's "aw it's got to start raining sometime..."

jmho.. could be wrong.