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10 mmt
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JonSCKs
Posted 2/7/2019 12:20 (#7303663 - in reply to #7303648)
Subject: 58 mmt's needed to Balance - 35.6 booked/shipped = 22.42 more to come from the US.


So.

Simply math.. from what the WASDE put out in December - losses to Brazil crop and guessed lossed to China due to ASF = a Need from the US of around 58 mmt's..

58 mmt's - 35.6 booked that we KNOW OF.. (and again we do not KNOW what happened in January..) = 22.42 mmt's more to go out of the US.. or around 830 million bushels.. yet to go to someone.. including China.. or to South America's Customers Who WOULD have bought from them.. but those soybeans are going to China...

In order to Balance the WASDE world numbers.

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