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The forecasting comparisons for soybeans were somewhat sensitive to the measure of forecast accuracy considered. One measure showed that private market forecasts were more accurate than USDA forecasts for August, regardless of the time period considered. Another measure showed just the opposite. - Darrel Good Quotes

The forecasting comparisons for soybeans were somewhat sensitive to the measure of forecast accuracy considered. One measure showed that private market forecasts were more accurate than USDA forecasts for August, regardless of the time period considered. Another measure showed just the opposite.

South American soybean production prospects will be one of the more important market factors for the next three months. - Darrel Good Quotes

South American soybean production prospects will be one of the more important market factors for the next three months.

Fundamentally, the increase in exports and export sales has been a supportive factor. Ideas that ethanol-driven demand for corn will continue to increase at a brisk pace and that U.S. corn acreage may decline modestly in 2006 also provide fundamental support. Dry weather has driven wheat prices higher and has raised concerns about the 2006 growing season for corn and other crops. Speculative demand for corn and other crops has also escalated, as evidenced by the daily tally of the net position of the fund traders. - Darrel Good Quotes

Fundamentally, the increase in exports and export sales has been a supportive factor. Ideas that ethanol-driven demand for corn will continue to increase at a brisk pace and that U.S. corn acreage may decline modestly in 2006 also provide fundamental support. Dry weather has driven wheat prices higher and has raised concerns about the 2006 growing season for corn and other crops. Speculative demand for corn and other crops has also escalated, as evidenced by the daily tally of the net position of the fund traders.

Similar to corn, USDA soybean production forecasts had the largest impact on soybean futures prices in August with recent price reactions appearing somewhat larger than in the past. - Darrel Good Quotes

Similar to corn, USDA soybean production forecasts had the largest impact on soybean futures prices in August with recent price reactions appearing somewhat larger than in the past.

Similar to corn, USDA soybean production forecasts had the largest impact on soybean futures prices in August, with recent price reactions appearing somewhat larger than in the past. - Darrel Good Quotes

Similar to corn, USDA soybean production forecasts had the largest impact on soybean futures prices in August, with recent price reactions appearing somewhat larger than in the past.

The price strength has been a little surprising given the magnitude of the surplus in U.S. corn inventories. However, over the past 32 years, the central Illinois cash price has never established a marketing year high in February, suggesting that even higher prices might be expected sometime over the next six months. - Darrel Good Quotes

The price strength has been a little surprising given the magnitude of the surplus in U.S. corn inventories. However, over the past 32 years, the central Illinois cash price has never established a marketing year high in February, suggesting that even higher prices might be expected sometime over the next six months.

That level of use is historically consistent and provides evidence that the size of the 2005 harvest has been accurately estimated. - Darrel Good Quotes

That level of use is historically consistent and provides evidence that the size of the 2005 harvest has been accurately estimated.

This is contrary to the view that the markets are inefficient and provides substantial opportunities for farmers to gain additional profits through marketing. - Darrel Good Quotes

This is contrary to the view that the markets are inefficient and provides substantial opportunities for farmers to gain additional profits through marketing.

The forecasting comparisons for soybeans were somewhat sensitive to the measure of forecast accuracy considered. One measure showed that private market forecasts were more accurate than USDA forecasts for August regardless of the time period considered. Another measure showed just the opposite. - Darrel Good Quotes

The forecasting comparisons for soybeans were somewhat sensitive to the measure of forecast accuracy considered. One measure showed that private market forecasts were more accurate than USDA forecasts for August regardless of the time period considered. Another measure showed just the opposite.

Markets will continue to react to other factors, but these reports will provide updated fundamental information. - Darrel Good Quotes

Markets will continue to react to other factors, but these reports will provide updated fundamental information.

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