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Smoking gun on the lost it found it corn stocks number.
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JonSCKs
Posted 11/11/2013 21:32 (#3438913 - in reply to #3438874)
Subject: My beef is not with USDA.. Quantitative Feeding.


I don't blame USDA..

 Lol.. even though I start this thread with the Smoking gun theme.. okay.. what I mean is that HOW ELSE does USDA show this?  It's the trade that is missing it as much as USDA.. HEY STOCKS WERE 824 on SEPT 1st.. and we did RAISE A 13.989 crop.. or whatever.."uh-hum".. according to USDA.. their numbers. 

They found stocks as Sept 1st of 824.. They don't have to say that 300 of it is New Crop..   "Okay so is that OLD CROP old crop ending stocks or New Crop as Old Crop ending stocks..?  or a little of both..??"

However, I think there should be some clarity on the balance sheets..  For the analyst who don't believe we can go from 4,333 of 12/13 corn feed useage to 5,200.. for 13/14.

Actually.. USDA DID RAISE Feed useage 100 myn bushels in this report from 5,100 to 5,200.. Maybe they did acknowledge that it was with 13/14 bushels..?? (only problem is.. it's the wrong year...???)  So we'll feed 5,200 in FY 13/14.. except for the 225 myn that was fed in 12/13 but harvested in 13/14.. but NOT shown on the 12/13 balance sheet because it's on the 13/14 balance sheet.. even though it was LONG GONE before 13/14 even started..  got it?

Quantitative Feeding..  the feeding of corn.. before it was produced..

Confused..??   



Edited by JonSCKs 11/11/2013 22:16
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