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Roy Smith

Hey Roy if you're out there. How many times in the last say 20 years has the price of soybeans been higher on the day before the Sept crop report than the day before the Aug crop report.
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11 Replies
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Honored Advisor

Re: Roy Smith

Great question on the eve of the report.

 

Beans are the most at risk, one would think.  Even acre reductions are possible as the corn crop just keeps growing.  

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Re: Roy Smith

Does anyone have Roy's email address. Maybe someone could send him an email.
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Re: Roy Smith

he responded a couple of days ago so I bet he sees it eventually.

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Frequent Contributor

Re: Roy Smith

This will take a while ! Good question...

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Re: Roy Smith

Is your question if prices went higher after the August report ? I know the odds are good after the September report is relased to go down. I will have to go back to old charts to answer your first question. .....Soyroy

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Frequent Contributor

Re: How Many times ?

How Many times ? I am not exactly sure if I got the question right. A quick and dirty scan of November soybean futures 1993-2012 I found that 13 times the price was higher in September. Seven times it was higher in August. Numers were taken from  bar charts so this is smoewhat a guess. I still believe that the important price move comes after the September report.....Soyroy

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Re: Roy Smith

Thanks Roy
more specifically how many times has the price been higher the day before the the Sept report versus the price the day before the august report.??? I think I said it right. Wife says I don't communicate well sometimes.
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Honored Advisor

Re: Roy Smith

I get that a lot

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Frequent Contributor

Re: Roy Smith

Which way do you think the price moves after the Sept report and why?

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