Posted 11/26/2018 15:32 (#7129041 - in reply to #7128795) Subject: RE: Your 4107 soybean usage is predicated on ...
Your 4107 soybean usage is predicated on 51.7 MMT of exports or 1900 million bushel. There's good reasons to believe that exports will be on the order of 36 MMT or 1300 million bushel so that 955 million carryout will be more like 1655 million with a stocks to use of 48%.
When the reality of 1655 million carryout starts to hit home, people in farm country are going to have a whole different attitude, count on it.
Lets take a look at the fundamentals of the big 3 going forward
