Actually today’s stocks report is implying the exact opposite for last years crop. Or demand is less than thought..
Actually we still do not know.
Kansas.. for example.. just what I look at..
Total Stocks of Corn 2019 207.6 myn bushels 2020.. 224.85 myn bu
Commercial stocks 2019.. 162.06 myn bushels.. 2020.. 157.85.. myn.. hmmm.. why is this number lower vs the total??
because the surveyed.. we don't have a clue on farm stocks are..
2019 best guess now was.. 45 myn bu.. 2020 who the heck knows..???
Wild Guess is now at 67 million bushels.. but I don't believe that either.. so nobody really knows.
but that is what a survey found.. which also found 97 myn intentions back in march.. so.. for what it's worth..??
How far off are they in the Dakota's... and other locations?
Edited by JonSCKs 6/30/2020 14:25
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