date:Aug 21, 2013
ded inspections by 27 million bushels. If that margin persists through August, weekly shipments need to average less than 10 million bushels per week. It appears that exports will reach the projected level.
To reach the USDA forecast of feed and residual use for the 2012-13 marketing year, use during the last quarter of the year needs to total only 382 million bushels.
That is 60 million bushels more than use during the summer quarter last year when an estimated 1.2 billion bushels of new crop