| If they bump exports 5mmt and it flows to carry out..
Yes, in my opinion it should..
They will update their WASDE numbers.. (WAOB actually will..) The US could up domestic grind.. although when Argy comes back online... flat..
USDA should give us credit for the 4.95 mmt's sold this week.. thus total 51 to 56.. but if they slow walk it.. 54 ish..
Could take us to about the 830'ish million bu number.. There are SO MANY who think 1 billion carryout.. that they will probably NOT go far.. fast.. which is disingenious in my opinion.
The numbers are the numbers.. Too much hype here.
IF they forecast large carryouts.. the the producer groups have to fire up to deal with it..
MFP for 2019, Set Aside.. etc.. and YES I'm headed to Florida at the end of the month...
One way or the other.. this will get solved.
btw.. biodiesel is up.. maybe AOC's Green Deal which 4 of the LEADING D's Presidential candidates supports.. Harris, Pokahontas, Booker, Gillibrand.. etc..
Do the ABCD's want that?
could be coming anyway...??? A Big US Soy Carryout would sure stoke the fire...
"careful what you wish for.." |