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Thought This Was Interesting: Rather Eye Opening
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Posted 7/11/2019 21:22 (#7609668 - in reply to #7609535)
Subject: RE: Thought This Was Interesting: Rather Eye Opening

SE Iowa
The monthly reports are projections for the future. Where the rubber meets the road is the quarterly stks and they are incorporated into these projections. Feed/exports from stks told us what to expect. We get final export and crush numbers a month late. These are actual numbers released by the census.

The pace of all thus gets incorporated. I would argue 19 demand is overstated and will get adjusted when we get into 2020 if prices stay this high or go higher.

We need to find new demand for 2020 as price rationing will do its job.

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