Export numbers showed corn and wheat fell below the trade's guess, soybeans were above expectations for trade. With light volume, the market has the potential for increased volatility, but it appears the volatility is on the upside. In addition, weather worries in South America have traders looking at an earlier harvest in Brazil and continued dry weather South of the Equator.
Tom Leffler, Leffler Commodities, LLC, who is sitting in for Farm Futures Market Analyst Arlan Suderman, talks trade with the Ag Network.
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.