Tight Stocks, Chinese Demand Underpin Corn

Tight Stocks, Chinese Demand Underpin Corn

Money flowed more freely today after Greece passed austerity measures, but trade will likely be erratic ahead of Thursday's USDA reports. (Audio)

Arlan Suderman and John Jenkinson talk about the markets on The Ag Network. Arlan says the next couple of days could be pivotal for the markets as Greece did pass a five-year austerity plan that has eased immediate fears.  Add in the strong fundamentals for grains ahead of USDA's Thursday report and prices have been supported, the question remains will they drop going into the report. To listen to their conversation use the audio player on this page.

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.

John Jenkinson is Senior Farm Broadcaster for "The Ag Network." John grew up on an irrigated and dryland grain farm in Southwest Kansas.  With an early passion for agriculture, he was active in the FFA,4-H, and went to college to pursue agriculture.  In 1997, someone mentioned that he should look into farm broadcasting as a career, and that began a new chapter in his life and he eventually became a board member of the National Association of Farm Broadcasting.  The stations that John has worked at are legendary farm radio stations with deep agribusiness roots, KFEQ, KSIR, WIBW, KXXX, KMZU, and KBUF.  In April of 2008, John started "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.

 

TAGS: USDA
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