Tensions Ease as Europe Grapples with Debt

Tensions Ease as Europe Grapples with Debt

Greece gets a new prime minister, Italy set to change at the top and austerity measures are going into place. (audio)

Weak European countries may finally be getting their act together, helping ease tensions and allowing markets to mostly move higher overnight. A new government is set to be sworn in over in Greece, while new leadership could be ready in Italy as soon as Saturday if austerity measures are approved there. That could shift the market’s focus back to the U.S. where questions about demand may run into worries about the congressional “super committee” and its ability to find cuts to the federal deficit.

Senior Editor Bryce Knorr talks about these issues this morning in is Friday chat with Pam Jahnke, Wisconsin Farm Report. You can listen to their conversation using the audio link on this page.

Senior Editor Bryce Knorr first joined Farm Futures Magazine in 1987. In addition to analyzing and writing about the commodity markets, he is a former futures 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 Call on www.FarmFutures.com he writes weekly reviews for corn, soybeans, and wheat that include selling price targets, charts and seasonal trends. His other weekly reviews on basis, energy, fertilizer and financial markets and feature price forecasts for key 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 into her chosen field, doing farm broadcasting, radio and television, from Green Bay to Eau Claire, WI - and she's never looked back.  Pam often says she feels like farm broadcasting and 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.

TAGS: USDA
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