Question for sw

[c-x-1]

sw,

for WASDE to keep bean end stocks @ 130 or higher, based on adding all the export weeks together, I come up with 132 million bushels they will have to come up with. 1647 - 1495 = 152. take off 20 mil = 132.

do you know if monthy USDA reports have ever penciled in FEWER exports than are already committed on books?

...or have they ever increased size of crop in Feb from final? seems they have quite the figuring job this time.

what are your thoughts/experience? -- glad it's warming alittle for ya! thanks.

c-x-1

[sw363535]

Better sources than me but I'd bet on A production adjustment from last year coupled with an import boost

[Jed Stivers]

Don't worry, they will show you the way Monday.

[c-x-1]

no doubt, Jed...just could surprise more than some may think.....

a production increase from Jan-final to Feb will be very intriguing, indeed..............................

[sw363535]

Exports are the hardest one on the report to change.  When it is inspected and loaded it leaves.  And even if it is in one of those "reject" games.  It still goes somewhere else.

[roarintiger1]

That is the key....."It still goes somewhere else".     No one seems to wrap their arms around that fact.