so far this mktg yr.
-- exceeding entire carryout on the books = over 4 million metric tons to be cancelled or imported.
Negative news about all used up. Oh yeah big crop on the way.
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.
about that Giant Wall of Beans down there in SA?
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.
Been a few bushels destroyed here for oil and meal too.
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.
inspections link
I believe the link above will take a person to grain inspection information.
1/3 of last years production has been physically loaded and has left the premises. Another 1/6th has been "sold"
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.
