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The Buzz: 2012 Crop Estimates

Corn and soybean production is much smaller than USDA forecast in July.

Compiled by staff

Published: Aug 3, 2012

Farmers sent a wake-up call to the market with their assessment of 2012 crops reported to Farm Futures production survey. Senior Editor Bryce Knorr and Market Analyst Arlan Suderman discuss what the numbers could mean for prices, and what your business should be doing for 2012 – and beyond.

Watch the conversation below.

Bryce Knorr, Senior Editor, Farm Futures, first joined Farm Progress Cos. in 1987. In addition to analyzing and writing about the commodity markets, he is a former future 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 Market Review on FarmFutures.com, he writes weekly reviews for key commodities and crop inputs. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.

Corn and soybean production is much smaller than USDA forecast in July.

Corn and soybean production is much smaller than USDA forecast in July.

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.

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Tagged: farm progress, usda, extension service

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