date:Nov 02, 2012
for the year. And, that discrepancy's likely to continue to grow.
To date, the pace of corn exports has been much slower than needed to reach the USDA projection for the year. Based on the weekly Export Sales report, exports during the first seven weeks of the marketing year averaged 19.1 million bushels per week.
To reach the USDA projection, weekly exports for the remainder of the year need to average 22.6 million bushels, Good says. As of October 18, 292 million bushels of corn had been sol