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NW Indiana | Combining the inspections report from Monday and todays sales report this is what I come up with
Soybean shipments are 129 million behind last year but outstanding sales are 42 million ahead. If all this ships that would be 87 million less than last year while the current wasde projects 109 less.
Projections for 2018/19 are 225 million more bushels than this year, we have currently already sold 134 million more than last year at this time.
Corn shipments are 105 million behind last year while outstanding sales are 171 million ahead. Current wasde has +7 million yoy so if realized we would export 59 million more than anticipated.
2018/19 projections are for 200 million less in sales while outstanding sales are running 39 million ahead.
This collapse in price isn't going to slow exports down. | |
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Update on yearly export sales
