Rain In Iowa Sinks Soybeans

Rain In Iowa Sinks Soybeans

Traders are waking up to storms on the radar, with grain futures giving back Wednesday's gains as rain falls in western and northern Iowa. (Audio)

Traders are waking up to storms on the radar and red ink on their trading screens, with grain futures giving back Wednesday's gains as rain falls in western and northern Iowa. These rains were expected, and weather models still suggest hot and dry conditions next week. But weather markets are known for erratic moves, and this one is no exception, with the market struggle to get a handle on how big 2013 crops are.

Farm Futures Senior Editor Bryce Knorr talks with Pam Jahnke, Wisconsin Farm Report.

Listen to the conversation using the audio link on this page.

Traders are waking up to storms on the radar, with grain futures giving back Wednesday's gains as rain falls in western and northern Iowa

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.

Pam Jahnke is Farm Director of the Wisconsin Farm Report that is carried on 16 stations in Wisconsin. Known as the "Fabulous Farm Babe," Pam studied broadcast journalism and broad-area agriculture at the University of Wisconsin-River Falls. After college, Pam moved to farm broadcasting and has never looked back. She says communicating on behalf of food producers is exactly what she was made for. Pam has been named "Friend of Agriculture" by the Wisconsin Department of Agriculture for her assistance in raising awareness of the "Harvest of Hope" program. She has also served as president of the National Association of Farm Broadcasting.

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