cancel
Showing results for 
Search instead for 
Did you mean: 
c-x-1
Veteran Advisor

1.647 Billion bu-Bean exports

so far this mktg yr.

 

-- exceeding entire carryout on the books = over 4 million metric tons to be cancelled or imported.

10 Replies
Illowahillfarms
Frequent Contributor

Re: 1.647 Billion-Bean exports

Negative news about all used up. Oh yeah big crop on the way.

0 Kudos
Hobbyfarmer
Honored Advisor

Re: 1.647 Billion-Bean exports

Already shipped, or total of shipped and ordered?

 

Half of the total last years production.

 


1/2 gone 1/2 of the way through the year.

0 Kudos
BF2012
Advisor

Don't forget

about that Giant Wall of Beans down there in SA?

0 Kudos
c-x-1
Veteran Advisor

Re: Don't forget

it's the total export sales (not shipped) reported each Thursday from FAS http://apps.fas.usda.gov/export-sales/esrd1.html  

 

-----with only 1.495 on balance sheet...will be interesting to see how Feb report is tweeked.

 

 - about 2/3 have been shipped - ballpark, i believe.....if anyone has an accurate inspections source, i'd appreciate it.

0 Kudos
Hobbyfarmer
Honored Advisor

Re: Don't forget

Been a few bushels destroyed here for oil and meal too.

0 Kudos
Illowahillfarms
Frequent Contributor

Re: Don't forget

Don't forget to send some of that wall up this way come July Aug.  Plus add 2.00 positive basis.which could be cheaper than cash price now though.

0 Kudos
saturated
Contributor

Re: 1.647 Billion bu-Bean exports

inspections link

 

I believe the link above will take a person to grain inspection information.

 

Hobbyfarmer
Honored Advisor

Re: 1.647 Billion bu-Bean exports

1/3 of last years production has been physically loaded and has left the premises. Another 1/6th has been "sold"

0 Kudos
c-x-1
Veteran Advisor

Re: 1.647 Billion bu-Bean exports

thanks saturated - so 70% of export sales already shipped -- impressive ...or another way to look at it until Feb report is 77% of what USDA has on balance sheet. 

0 Kudos