The Buzz: USDA’s First Glimpse Into 2012

The Buzz: USDA’s First Glimpse Into 2012

Agency’s initial projections disappoint for corn and wheat, but offer hope to soybean bulls.

Baseball fans have spring training to look forward to at the end of February. For grain traders, USDA’s annual outlook forum is the place to be. In addition to countless speeches, government analysts release their first real projections of new crop acreage, production, supply and demand. This year’s balance sheet sparked plenty of interest. Farm Futures Senior Editor Bryce Knorr and Market Analyst Arlan Suderman go over all the numbers, and what they mean for your business on this week’s edition of The Buzz.

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.

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.



TAGS: USDA Soybean
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