p-oed Farmer
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01-09-2011
09:58 AM
My Guess for Wed USDA report......Soybeans
Below is my work on What I am expecting the Wed report to say......
Soybeans S & D's
Beg Stocks 151
Production 3380 Up around 5 mil ?....... Bearish surprise ?
Imports 10
Total supply 3541
Crush 1665
Exports 1640 This is up 50 mil from the dec report
Seed 88
Res 29
Total Use 3422
Ending stocks 119
% of use .034% Most likely this would be below the pipeline requirements