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Veteran Advisor
Palouser
Posts: 2,233
Registered: ‎05-13-2010
0

Grains marching out the door

    For the week ended Jan 9, in million bushels. Export shipments

 

do not include those for own account. (a)-Data from the January 2014

 

WASDE Supply-Demand report. Source: USDA.

 

 

 

   --sales summary--

 

                week's net chg          total

 

               in commitments        commitments         undlvd sales

 

              this yr  next yr   this yr   last yr  this yr  next yr

 

wheat            11.8      3.0     914.5     729.0    179.4     16.6

 

corn             32.3      0.0    1160.1     518.2    664.9     58.3

 

soybeans         25.8     19.3    1523.1    1199.0    545.9     80.7

 

sorghum           9.1      0.0     117.2      36.0     83.4      0.0

 

barley            0.0      0.0       5.8       5.6      2.3      0.0

 

 

 

   --export summary--

 

                                                   USDA Proj       USDA(a)

 

               Export shipments  Accum shipments   shipments    Shipments

 

              this wk  last wk   this yr   last yr  this yr    11-12   12-13

 

wheat            21.6     16.0     735.1     510.3     1100     1051    1007

 

corn             26.6     23.8     495.1     273.1     1450     1543     731

 

soybeans         57.4     61.6     977.2     859.5     1475     1365    1320

 

sorghum           3.0      0.3      33.8      24.0      180       63      76

 

barley            0.0      0.0       3.5       5.5       10        9       9

 

Veteran Advisor
c-x-1
Posts: 3,257
Registered: ‎06-26-2012
0

Re: Grains marching out the door

The big question is (especially for beans) will price offer an incentive for some of it to march back in the door or has the door been bolted shut (key swallowed) for commitments already made?

 

March could be a defining month for that question.

Advisor
425Cat
Posts: 1,637
Registered: ‎05-14-2010
0

Re: Grains marching out the door

Probably take 13.50 cash to buy mine