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Corn sales
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Huh?
Posted 3/12/2019 21:24 (#7376664 - in reply to #7376383)
Subject: RE: Corn sales


In Mn
JD70 - 3/12/2019 19:43

Nobody not me or my Broker stted that the sale would be al in this year, I did today ask him for a breakdown and he stated that he thought 3mmt for this year and 6 or 7 mmt for next year.

I figured that everybody would relize that, just like when the chinese dangle their 10mmt buy out for trump it is mostly if not exsclusivly a 2019-2020 buy.

I will take my broker over you everyday and twice on sundays.

From 2006 till 2016 US corn exports to Mexco had increase by about 850mt bushells per year since then they have been flat. if the increase were to be still on pace we would be exporting something close to 100mb more to them.

I think if we could clear up this chit show we have with the new NAFTA it would be a resonable expectation that they would be some where close to 16MMT by now


Flat you say, exports to Mexico from 2016 to last week,

2016 exported 12.55, commitment 12.82
2017 13.53, 14.04
2018 14.92, 15.55
2019 so far. 8.17, 13.35

I’m sure you and numbers still don’t understand what commitment means, so be it. We are 2 mmt, that’s million metric tons above last year at this time for both shipped and committed. When Mexico decided to go elsewhere they still increased imports from us. Your 850 mt number, that’s 34,000 bushels, wrong and worthless number. With the increases from 16 to now we should see a number over 17mmt, not 16. Your number left me flat but the recent numbers look less than flat. Grow up jr.



Edited by Huh? 3/12/2019 21:32
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