Corn.               2013                     2014.           jan 2014 report for 2013 

Planted.             97.4                   91.6                  95.3 

Harvested.          89.1                   83.8.                  87.7 

Yield.              156.5                  165.3.                 158.8 

Production.        13.95 B                13.86                 13.925 

Carry in            .729                   1.246 

Carry out          1.959                  1.801                  1.631 

 

Soybeans 

Planted.             77.7                     84.8.                76.5 

Harvested.          76.9                     84.1.                75.9 

Yield.               44.5                     45.2.                 43 

Production         3.420 BB                 3.8 BB.                3.289 

Carry in.            .125                   .140 

Carry out.            .295                   .415                  .150 

 

 

Corn 713 million less carry out then expected, 

 still can change up or down but is a lot less then expected at that time and quite a bit more then is expected for 14/15 

 

Soybeans 155 million less then expected last July, carryout for 14/15 is still quite a  

bit larger if it come to fruition.  

I just want to show how much things can change in a years time between an outlook and when we have some figures to work with.  

Over a third of the bushels are gone from projected to now in corn and over half the carryout is gone in soybeans vs projected.  

One other thing, the planted and harvested numbers are still the survey numbers from the first 2 weeks in June.

Edited by southernmnman 7/11/2014  15:54