Floor Talk March 10 (Report Day)

[c-x-1]

gotcha.

so US has inspected 1.395 bil bu for yr --- can only inspect 11 mil more bu for 5++ months according to USDA?..and 39+ mil bu inspected on today's schedule?

forgive me, i am unable to conceptualize this........"DOES NOT COMPUTE" - maybe my brain has crashed.

[425Cat]

So what will they do going forward.???  I guess we will know when the bin augers run empty.

[sw363535]

               GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT

                  REPORTED IN WEEK ENDING MAR 06, 2014

                            -- METRIC TONS --

-------------------------------------------------------------------------

                                                   CURRENT     PREVIOUS 

             ----------- WEEK ENDING ----------  MARKET YEAR  MARKET YEAR

  GRAIN      03/06/2014  02/27/2014  03/07/2013    TO DATE     TO DATE  

BARLEY                   299           0       8,989      143,024      131,981 

CORN               933,974   1,057,113     369,435   18,946,600    9,625,932 

FLAXSEED                24           0         173        7,495       11,256 

MIXED                         0           0           0            0            0 

OATS                           0           0          58        1,855        7,578 

RYE                             0           0           0            0          102 

SORGHUM        183,149      79,532      26,935    1,830,544    1,184,052 

SOYBEANS    1,505,206     986,702     484,875   38,390,283   31,679,731 

SUNFLOWER              0           0           0            0            0 

WHEAT             429,081     609,867     780,887   24,362,961   19,639,942 

Total               3,051,733   2,733,214   1,671,352   83,682,762   62,280,574 

-----------------------------------------

Recieved this this morning prior to the S&D report -------- both showing the 55 mb figure for the weekly inspections 

And got the lower one after the S&D report. ??????????????????

Conspirxpalidocious   

[sw363535]

all times reported were pacific time..

[jennys_mn]

Now Hobby - I know you took a short hiatus, but I did mention in one of my posts the last couple of weeks that I WOULD be selling some beans.  Corn - not so much and I  still stick by that, for the reasons I gave a week of so ago. 

But - let's keep in mind the markets go down and the markets go up.  Our next report of significance is the planting intentions on March 31.  Do I think beans are a sell?  Still yes - old crop, a percent of what's left, and maybe a small amount of new crop.  Now we can get hit with some well placed China cancellations, and then of course the hugh new crop were going to grow, and all is well with the bean world.  Beyond the scale up sales, maybe time left for a bit more vacation before getting back to work on equipment.

For corn, I'll still wait for the planting intentions and the summer weather before I pull the plug on remaining last years crop sales.  As far as new sales right now, the $0.40 jump from the 4 month (Nov - Mar) average lows is not enough to get me to sell this market.  I still see more upside than down.  Now move along - nothing to see there on the corn chart - and enjoy yourselves the next few weeks.  A hint of spring here (finally) today, but the forecasts for the 6-10 and 8-14 still suck.

Jen

[jennys_mn]

[Filter:keyword] jennys_mn's post body matched "((?<=(\s|\W))|\b|^)enjoy((?=(\s|\W))|\b|$)", board "marketing".

Post Subject: Re: Floor Talk March 10 (Report Day)

Post Body:

Now Hobby - I know you took a short hiatus, but I did mention in one of my posts the last couple of weeks that I WOULD be selling some beans.  Corn - not so much and I  still stick by that, for the reasons I gave a week of so ago. 

But - let's keep in mind the markets go down and the markets go up.  Our next report of significance is the planting intentions on March 31.  Do I think beans are a sell?  Still yes - old crop, a percent of what's left, and maybe a small amount of new crop.  Now we can get hit with some well placed China cancellations, and then of course the hugh new crop were going to grow, and all is well with the bean world.  Beyond the scale up sales, maybe time left for a bit more vacation before getting back to work on equipment.

For corn, I'll still wait for the planting intentions and the summer weather before I pull the plug on remaining last years crop sales.  As far as new sales right now, the $0.40 jump from the 4 month (Nov - Mar) average lows is not enough to get me to sell this market.  I still see more upside than down.  Now move along - nothing to see there on the corn chart - and enjoy yourselves the next few weeks.  A hint of spring here (finally) today, but the forecasts for the 6-10 and 8-14 still suck.

Jen

Body text "enjoy" matched filter pattern "((?<=(\s|\W))|\b|^)enjoy((?=(\s|\W))|\b|$)".

Post by User[id=1242,login=jennys_mn] has message uid 467886.

Link to post: Re: Floor Talk March 10 (Report Day)

[elcheapo]

Where is Spock when we need him

[c-x-1]

interesting chart from fc stone - so it's at least looking like (from todays charades, sw) - they are in bed with the usda.

good word - submit it to merriam-webster

[sw363535]

The 55mb chart and report came after the usda inspection report earlier this morning.

the second inspection report came with the following subject line on the email

Subject: INTL FCStone Weekly Grain Export Inspections Report (w/ USDA revision)...........w/ USDA revision

Obviously usda needed to revise the Export inspection Report when the S&D Report was issued---- for some reason

Anybody get that message and an explanation for It?????

[c-x-1]

i apologize for speculative implication of the matter, then.

that's what i call STUPID fishy - USDA only revised exports 2 mil bu -- 55 - 39 = 16 -- whatever shell game or shananigans -- doesn't even add up (no pun intended). THE  USDA balance sheet appears to be so out of the ballpark ANYWAY? It REALLY is like THE 3 STOOGES.

                                 Where the heck is Faust when we need a good dose of??? ...............................

BUT, have to admit it reminds me of a similar feel on the stories I've read in and around JFK's body in the ER at Parkland where "particular" gov't personnel swooped in on several occasions - to "take over matters and procedures."