The Buzz: Out of the Fire, into the Frying Pan

The Buzz: Out of the Fire, into the Frying Pan

Farm prices slump on lack of bullish news, but opportunities remain

The fire at USDA’s Washington offices at the start of the week was a harbinger of things to come. Corn, soybeans and wheat all sold off, falling to or breaking through chart support levels. Farm Futures Senior Editor Bryce Knorr and Market Analyst Arlan Suderman talk about the important marketing chores farmers need to focus on this busy time of year, despite the downturn in prices.

Click on the video link below to play the latest episode.

BUSTING THROUGH: The early week fire as a harbinger of things to come as corn, soybeans and wheat all broke through chart support levels.

Arlan Suderman is Market Analyst for Farm Futures magazine and 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 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.

The Ag Network with three affiliates in Colorado, and then added stations in Kansas and Oklahoma. 

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 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.

TAGS: USDA Soybean
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