Well I'm going back to the Super Bowl..

As far as the Feb 8 reports.. just remember that a year ago.. WASDE had Argy Soy crop at 54 mmt's.. now they have THAT crop at 37.8 mmt's.

Again from D Newsom..

( http://www.iptv.org/mtom/story/32808/market-analysis-darin-newsom  )

" Delany Howell: Okay, I want to talk about beans because you had an interesting thought in your newsletter this week. You said,you don't think we're going to hit 1 billion bushels of soybeans in carryover. Why do you see that happening or not happening I should say?

Newsom: Well, because I hate to speak ill of the dead, but the USDA is crazy. They never know what we have. Their last estimate was 955 million bushels of ending stocks. And let's say that's the high. Well the last 10 years USDA has averaged overestimating ending stocks by the time we get to the September quarterly stocks number by 41% and that's just an average. So if we take 41% off of 955 we're down in the 560, 570 million bushel range. 

565 million bushels.. THAT would be a reach.. but when you play the Shell game.. you can only hide the ball for so long..

Darn Chiefs.. maybe next year.