Demand for the oilseed remains strong, but traders are cautious ahead of the three-day holiday weekend.
Farm Futures Market Analyst Arlan Suderman and John Jenkinson, The Ag Network, explore the topic.
Listen to the conversation using the audio link on this page.
Arlan Suderman is a 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 on this site and the sites of 18 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 the Senior Farm Broadcaster for "The Ag Network." Jenkinson grew up on an irrigated and dryland grain farm in Southwestern 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 broadcasting, which began his membership with the National Association of Farm Broadcasting. In April 2008, Jenkinson started "The Ag Network" with three affiliates in Colorado, Kansas and Oklahoma. The network is still growing, and Jenkinson is hosting two live talk shows and providing 12 farm programs a day for affiliates.