Corn Prices Pull Back on Report Fears

Corn Prices Pull Back on Report Fears

Traders fear yet another bearish USDA report on Friday morning. (audio)

Nothing like a major crop report to roil the markets, making traders second guess themselves. That's what impacted the corn price today, given fears that USDA could come in with bearish numbers. Arlan Suderman, market analyst, Farm Futures, discusses today's trade with Lory Williams of The Ag Network.

BACKING DOWN: Fears of a bearish report Friday already has traders balking.

Arlan Suderman is 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 and commentary for its family of 18 state and 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 Ag Network with three affiliates in Colorado, and then added stations in Kansas and Oklahoma. 

TAGS: USDA
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