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08/27/2013 Mato Grosso corn harvest:overproduction/price
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frogfarm
Posted 8/27/2013 11:32 (#3292083 - in reply to #3291926)
Subject: Re: 08/27/2013 Mato Grosso corn harvest:overproduction/price


According to WASDE, SA will export less corn in 13/14 down 7.5 mmt. Ukriane will export 18 mmt, up 4.5 mmt.
SA bean exports expected to be up 8.4 mmt and the Ukraine does not export any beans.

USA bean exports were excellent last year, if there is any corn, it will likely find a market. These are projections of course, but world demand will likely be higher for both c and b.
World wheat production may make considerable difference, maybe.
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