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Date: Mon, Dec 04, 2006, 10:48 AM PST
URBANA - There is no evidence yet that the higher prices of U.S. corn and soybeans have slowed the pace of export commitments, said a University of Illinois Extension marketing specialist.
"Some of the large outstanding sales, however, may represent an accelerated pace of purchases as importers anticipated higher prices, or in the case of corn, reduced availability due to domestic ethanol use and a smaller-than-expected crop," said Darrel Good. "Until there is some evidence of reduced interest in U.S. crops, prices will likely remain well supported.<br><br><a href='http://www.aces.uiuc.edu/news/stories/news3834.html' target='_blank'>http://www.aces.uiuc.edu/news/stories/news3834.html</a><br><br>
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