The Buzz: Smaller Crops, Higher Prices

The Buzz: Smaller Crops, Higher Prices

Supplies may be even tighter than USDA forecasts with more rationing needed.

Futures prices worked lower in the wake of USDA's August crop reports, but that may not be sending the right signals to the market. Not only are small crops likely to get smaller in subsequent reports. But prices may not be high enough yet to discourage demand. Farm Futures Senior Editor Bryce Knorr and Market Analyst Bryce Knorr discuss what happens next in a market that's still highly volatile.

Supplies may be even tighter than USDA forecasts with more rationing needed.

Watch the conversation using the video link below.

Bryce Knorr, Senior Editor, Farm Futures, first joined Farm Progress Cos. in 1987. In addition to analyzing and writing about the commodity markets, he is a former future introducing broker and is a registered Commodity Trading Advisor. He conducts Farm Futures exclusive surveys on acreage, production and management issues and is one of the analysts regularly contracted by business wire services before major USDA crop reports. Besides the Morning Market Review on FarmFutures.com, he writes weekly reviews for key commodities and crop inputs. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.

Arlan Suderman is a Market Analyst for Farm Futures magazine and FarmFutures.com. He has served on the staff of Farm Progress Cos. Since May 2000, providing market analysis on this site and the sites of 18 regional publications. His Afternoon Recap provides market analysis on this site each afternoon that the grain trade is open. Suderman also provides real-time market commentary via Twitter at twitter.com/ArlanFF101. Suderman brings a wealth of hands-on experience to the table after completing his Certified Crop Advisor status in 1997 while serving in the Kansas Extension Service.

The Buzz: Smaller Crops, Higher Prices

TAGS: USDA
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