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2013 Corn supply/demand'ish.. any guesses out there?
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JonSCKs
Posted 12/18/2012 10:54 (#2759684)
Subject: 2013 Corn supply/demand'ish.. any guesses out there?


Anyone put a pencil to it yet?  Here's my first dart board attempt.. throwing.. and... let's take a look.

Carry in of 650'ish..
98 mln planted x .92 harvested x 140 = 12,622 bil bu crop'ish.
100 imports = 13,372 total supply'ish

Feed useage.. bounces back to...???  4,350'ish
Ethanol.. bounces back to ..???  4,850'ish
rest of FSI.. 1,400'ish
Makes total domestic of.. 10,600'ish

Exports bounce back to around 2,000 'ish

takes total demand back to 12,600 'ish

carry out grows by 22 mil bushels.. to 672.

Prices average...??? $7.00'ish.. give or take.

If you add 10 bu per acre you get another 900 mln bushels.. probably chops $1.50 off the $7.00 = $5.50'ish
IF the weather REALLY turns.. back to Wonderful.. say 158 bu = 14,245 bil bu crop.. prices probably fall to...???

...???  $4.85'ish to $5.25'ish...???

I'm leaving a lot or "room'ish" in my GUESStimates..."fire away."

It looks like we need more beans than corn...?? also need a wheat crop.

"ja?"

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