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Exports question.
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Posted 2/25/2014 21:39 (#3716924)
Subject: Exports question.



Death comes to us all. Life's but a walking shadow
For the last five months, since the beginning of Oct. '13 we have exported an average of 65 million bushel soybeans per week, That rate will begin to decline dramatically as we run low and South American exports build pace. Corn exports show a very different pattern of a steady 28-30 million bushel per week over a very much longer period. You might think that as soybean exports decline the barge, rail and port capacity would become available for corn exports. Essentially we go from exporting 90-100 million bushel of corn and soybeans for the first half of the marketing year to a little over 30-40 million bushel of mostly corn during the second half.
What happened to all that transport and export capacity?
Why do corn exports seem to be so limited? Obviously demand but why? There aren't that many other places that can grow the volume of corn for export that we can.
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