The Buzz: Is EU Plan The Real Deal For Grains?

The Buzz: Is EU Plan The Real Deal For Grains?

Markets soared higher Thursday on the heels of agreements out of Europe, though futures lagged behind early. (Video)

Leaders in Europe didn’t come up with a "grand bargain" to solve the region’s debt troubles, but their plan was good enough for a market that was ready to rally. Grain futures lagged behind early, but eventually went along for the ride as well, recovering from Wednesday’s disappointing losses. Farm Futures Senior Editor Bryce Knorr and Market Analyst Bryce Knorr answer more questions about the market, including the seeming slow place of export sales and whether farmers should be scaling back price expectations for newly harvested crops.

 

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.

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.

TAGS: USDA Soybean
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