Interesting poll

[sw363535]

Had my feet in the skillet in 2011.  I thank you for that first paragraph of confirmation. Someone else noticed the possibility.   I still think 2011 usda figures were much more "out of touch" than the "pie in the sky" predictions that followed in March of 2012.

If we had a near normal crop(12+ billion) in 11 and 10.8 billion this year, would we be scrambling for supply now?

Your feeding the masses analogy is true, but I think the dock worker comment trumps it.  If all corn and wheat did was feed people we got plenty of corn meal and tortillias to go around.  We have a little higher expectation here.  We will strike if our "5 hour energy" isn't covered by our companies health plan.  🙂

I think you could get fire hosed with milk for much less than a food issue.  Just depends on when Oprah says "fire".  🙂

[c-x-1]

Hobby, do have any idea what else is left over at the ETOH plants besides feedstocks DDG's. I have a friend who has a small operation on the gulf who buys the "garbage" of refining and cooking oil products, etc, for blending some type of lower grade fuel.

thanks,

c-x-1

[Hobbyfarmer]

CX!: getting to be less and less. Even the oil and germ is getting removed at many plants. 2 years ago they had a yellow syrip left that was given away, now it is non existant or at best sold. (great stuff to put on junk feed to get cattle to eat it)

Ray Jenkins would be your best source of info on this subject.

[GoredHusker]

I read an analyst this morning that stated Brazil would be buying or importing soybeans in both Dec. and Jan. because they are out of beans.  They won't come from the U.S., but they will be importing beans just the same.  A couple of thoughts come to mind about SA and their production this year.  Even if it is a record production, it won't hit the market nearly as early as last year.  Last year, they had record fast planting.  Plus, they also had a drought which tends to both speed maturity and speed harvest.  U.S. beans are going to have to be stretched longer this year than last year.  The highs have probably been put in beans unless weather becomes an issue in SA, but I'd venture to guess we'll see $16.50+ futures sometime between now and March. 

[c-x-1]

thx, Hobby

[roarintiger1]

With Brazil now importing beans, does anyone think that their early harvested beans will be used domestically and not available for export?   It sure sounds that way to me......Just like the corn harvested early in the US this past summer.  That may be where those price predictions from Bunge are coming from.

[ECIN]

RT -- i think there will be a battle down there as Who does get the first beans cut , I had read that there processor's need them just as bad as there need  to fill boats .

Heres where the problem will be , can they get them there in a timely fashion with there lack of rail -- roads ?

The beans closest to port will be no problem , it's the ones in the center of the country that will .

[Hobbyfarmer]

We hear about how bad/slow it is down there but there is corn from there being unloaded here now and more on the way. They are finding a way to "git-r-done".