Posted 2/1/2021 18:06 (#8799860 - in reply to #8799824) Subject: RE: Stonex 21' carryout
NW Indiana
94 million acres at a 178 yield is 15.4. With current demand with some being bought at lower prices is 14.6 and a carryout of 1.552. To get a 2.1 carryout for 21 isn't unreasonable at this time, hence why new crop is priced where it is.
Stonex 21' carryout
