date:Dec 28, 2012
that the US Longshoremen Union will go on strike which would delay or stop vessel loading in the PNW keeping more grain here in the US.
Export Inspections were considered negative to price action today after coming in at 13.5 million bushels vs. 15 million last week.
Inspections needed each week to reach this crop years USDA export estimate are 24.8 million bushels, up from 24.5 last week. The cumulative shipment pace is 21.5 per cent of the current USDA forecast vs. the 5 year average of 29