Updated exports. Soybeans narrowed the gap this week.. and given the lateness of the plantings down south.. the export window should be open a little longer. Corn also narrowed the gap this week.. Corn exports go out now in the spring. Wheat is running ahead of pace by 37 million bushels. The Sorghum table projects lower of much lower realized exports in the data set.. It sure looks as things have changed with Sorghum Shipments still running ahead of last year. Seeing more basis strength for Sorghum post harvest. The funds are still near record shorts.. 2001 | | 29.9 | | | | | | | 48 | | | | | | | 2002 | | 29.1 | | | Soybeans | | | 39.9 | shipped | Corn | | New | | 2003 | | 24.2 | | | 12-Nov | | New | | 48.2 | | sales | 12-Nov | | Crop | | 2004 | | 30 | | | Booked | Crop | | 45.4 | | | Booked | Add | Book | | 2005 | | 25.5 | shipped | | | Book | | 54.3 | | | | Ship | | | 2006 | | 30.3 | | sales | | | | | 54 | 11.2 | 11.9 | 23.1 | 30.9 | 0.0 | | 2007 | | 30.4 | | | | Add Ship | | 59.97 | 13.4 | 19.1 | 32.5 | 27.47 | 0.0 | | 2008 | | 33.9 | | | | | | | 45.2 | 8.5 | 9.4 | 17.9 | 27.3 | 0.1 | | 2009 | | 39.6 | 8.8 | 17.1 | 25.9 | 13.7 | 0 | | 48.3 | 9.2 | 9.5 | 18.7 | 29.6 | 0.1 | | 2010 | | 40 | 11.9 | 18.8 | 30.7 | 9.29 | 0 | | 45.2 | 8.9 | 12.4 | 21.3 | 23.9 | 0.1 | | 2011 | | 36.7 | 8 | 11.9 | 19.9 | 16.8 | 0.3 | | 37.9 | 7.2 | 14.3 | 21.5 | 16.4 | 0.4 | | 2012 | | 36.2 | 13.5 | 13.4 | 26.9 | 9.3 | 0 | | 18 | 4.7 | 7.2 | 11.9 | 6.1 | 0.9 | | 2013 | | 44.5 | 13.5 | 21.8 | 35.3 | 9.2 | 0.1 | | 47.4 | 5.9 | 18 | 23.9 | 23.5 | 1.2 | | 2014 | | 49.8 | 15.6 | 21.5 | 37.1 | 12.7 | 0.1 | | 45.8 | 7.9 | 12.7 | 20.6 | 25.2 | 0.8 | | 2015 | | | 15.7 | 15.2 | 30.9 | | 0.1 | | | 5.8 | 8.8 | 14.6 | | 0.9 | | | | | | | 42.7 | 11.8 | 1.1 | | | | | 41.3 | 26.7 | 0.2 | | | | | | | | | | | | | | | | | | required pace to hit WASDE | | 15.8 | | | | | | | 31.1 | | | | projected | | 1569.7 | | projected | | | 1624.0 | | | | | pace | | | | | pace | | | | | | | | | | | updated WASDE | | | | | | | | | | | | USDA | | 46.7 | | | 1715 | USDA | | | 45.73 | | | 1800 | USDA | | | | | | | | | | | | | | | | | | | | Difference | | -146 | myn bu | | | | | | -176 | myn bu | | | | | | | | | | | | | | | | | | 10/29/2015 | | | | | -153 | | | | | | | -220 | | | | | | | | | | | | | | | | | | | |
2001 | 24.1 | | | | | | | | | | | | | | 2002 | 20.8 | | | Wheat | | | | | shipped | Sorghum | New | | 2003 | 29.6 | | | 12-Nov | | New | | 4.78 | | sales | 12-Nov | | Crop | | 2004 | 26.6 | | | Booked | Crop | | 4.37 | | | Booked | Add Ship | Book | | 2005 | 25.3 | shipped | | | Book | | 4.33 | | | | | | | 2006 | 22.9 | | sales | | | | 3.34 | 0.62 | 1.11 | 1.73 | 1.61 | 0 | | 2007 | 32.6 | | | | Add Ship | | 6.19 | 1.88 | 2.52 | 4.4 | 1.79 | 0 | | 2008 | 26.0 | | | | | | | 2.64 | 0.58 | 0.52 | 1.1 | 1.54 | 0 | | 2009 | 21.7 | 10.5 | 3.9 | 14.4 | 7.3 | 0.1 | | 3.24 | 0.55 | 0.72 | 1.27 | 1.97 | 0 | | 2010 | 33.4 | 13.3 | 8.4 | 21.7 | 11.7 | 0.1 | | 3.33 | 0.69 | 0.68 | 1.37 | 1.96 | 0 | | 2011 | 26.6 | 12.6 | 4.2 | 16.8 | 9.8 | 0.1 | | 0.95 | 0.32 | 0.21 | 0.53 | 0.42 | 0 | | 2012 | 26.3 | 11.4 | 4.4 | 15.8 | 10.5 | 0.1 | | 1.34 | 0.47 | 0.26 | 0.73 | 0.61 | 0 | | 2013 | 30.1 | 16.6 | 5.2 | 21.8 | 8.3 | 0.1 | | 4.70 | 0.6 | 1.14 | 1.74 | 2.96 | 0 | | 2014 | 22.60 | 11.1 | 5.1 | 16.2 | 6.4 | 0.1 | | 8.32 | 1.45 | 2.31 | 3.76 | 4.56 | 0 | | 2015 | | 9.3 | 4.5 | 13.8 | | 0.1 | | | 2.26 | 2.03 | 4.29 | | | | | | | | 22.8 | 9.0 | 0.2 | | | | | 6.4 | 2.2 | 0.0 | | | | | | | | | | | | | | | | | | | | | | 8.0 | | | | | | | 4.0 | | | projected | | | 837.52 | | | | projected | | 253.63 | | | | pace | | | | | | | | pace | | | | | | | | | | | | | | | | | | | | | | | 21.8 | | | 800 | | | | USDA | 8.25 | | 325 | | | | | | | | | | | | | | | | | | | | | | | 37 | myn bu | | | | | -71 | myn bu | | | | | | | | | | | | | | | | | | | | | -12 | | | | | | | -189 | | | | | | | | | | | | | | | | | | |
Cheers. |