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Informa Estimates for US WOW!!!

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    Informa Estimates for US WOW!!!

    INFORMA PRODUCTION ESTIMATES:


    Corn production 10,338 vs. 11,476 last week
    Corn yield 120.7 vs. 134.0 last week
    Soybean production 2,791 vs. 2,890 last week
    Soybean yield 37.2 vs. 38.5 last week.
    Spring wheat production seen at 478 mil bu vs. USDA at 472.

    #2
    Farm futures is putting corn @117 on 84 million
    harvested acres = 9.86 billion bushels and beans
    @ 35.8 on 75.4 million acres =2.7 billion bushels
    = Bad, bad, bad

    Comment


      #3
      http://www.farmfutures.com/story.aspx/afternoon-
      recap-arlan-suderman-22-30795

      Comment


        #4
        Equals good good good!

        Comment


          #5
          USDA next week . . . guessing they may
          come out around 125 bu/acre for corn.

          Mississippi river down to one-way traffic
          in parts. Apparently, there have been
          barrages running aground.

          Even fracking for natural gas production
          affected in U.S. as water needed in
          process

          Comment


            #6
            Yup lets all jump up and down, enjoy the
            failed crops elsewhere. Comedian framers
            have an unsurpassed need fer greed and
            enjoy others suffering, starving wood even
            be more enjoyable. F&*Kem all makem pay
            through the nose fer our grain, we deserve
            it cousin wes Comedian framers wit level
            playing fields and are total marketeers!

            Comment


              #7
              You are smart enough to know that the only way to make serious money in farming is to have a crop while several of the major exporting countries have crop failures.

              Too bad you are not smart enough to realize that under the Board this present event would only have resulted in yet another price failure for western Canada.

              There is truth to the phrase, "smoke em while you've got em".

              Comment


                #8
                Aug 3 (Reuters) - Texas cattle feedlots purchased 45,000 tonnes
                of hard red winter wheat from Canada in recent days due to
                tight supplies of feed corn and its record-high prices, United
                States and Canadian trade sources said on Friday. In the past two weeks, Canadian exporters sold as many as 500
                rail cars of wheat for shipment into the No. 1 U.S. cattle state of
                Texas, the sources said.
                "Right now, there's a real supply crunch and they're running out
                of old-crop corn," a Canadian source said. "(Canadian wheat) is
                available." Canadian exporters and farmers now have more freedom to
                market their grain after the Canadian Wheat Board's marketing
                monopoly expired on Wednesday, the first day of Canada's
                2012/13 marketing year.

                Comment


                  #9
                  Would barley not be a better replacement
                  for corn than wheat.

                  Comment


                    #10
                    Burbert;

                    Do you... or did you... work for the CWB???

                    Your comment is the kind that caused the 'lowest price is the law' CWB.

                    Prices are high... selling to folks who NEED our grain... is simply the right move... and not GREED.

                    Comment

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