We could see profit-taking pop out of anywhere, given the light trade this time of year. The final three trading days of 2011 are now underway, which gets a quick review by Tom Leffler, Leffler Commodities, LLC, who is sitting in for Farm Futures Market Analyst Arlan Suderman, talks trade with the Ag Network. He doesn't see a lot of news to work from and given the light trading week, the market could turn on a dime. A slip in the stock market - which is a concern - has Leffler watching the markets closely.
In addition, the cotton market is running higher today too.
Tom Leffler is the co-founder/owner of Leffler Commodities, LLC and Leffler Ag Consulting, LLC located in Augusta, KS, with a branch in western Kansas. Tom has been a Commodity Broker/Ag Marketing Advisor since 1991, consulting clients in agriculture marketing, risk management and advising speculators. Tom has an extensive background experience in agriculture, as he was actively involved for nearly 20 years as a third-generation member of his family’s diversified farming and cattle operation that operates in east-central Kansas. Tom over the years has conducted many marketing seminars and speaking engagements for agriculture producers in the Midwest. He has done these in cooperation with banks, grain elevators, county extension agents, Ag radio stations and others.
"The Ag Network" with 3 affiliates in Colorado, and then added stations in Kansas and Oklahoma. Today, "The Ag Network" is still growing, and John is hosting two live farm talk shows, as well providing 12 farm programs a day for affiliates. He also produces a daily farm television program for a statewide network in Kansas.