The Buzz: USDA Numbers May Confuse
Market already making adjustments that government projections won’t pick up in June.
Compiled by staff
Published: Jun 4, 2012
USDA updates its forecasts for 2011 and 2012 crop supply and demand on June 12. But these numbers won’t reflect what the market is thinking about both old crop feed demand and new crop production. That could create volatile trading when the reports are released, because markets will be trading the data live, in real time. Market Analyst Arlan Suderman and Senior Editor Bryce Knorr discuss their outlook for the reports, along with the latest weather news and crop ratings.
Market Analyst Arlan Suderman and Senior Editor Bryce Knorr sit down for a face-to-face discussion about the chaotic trading environment.
Watch their conversation by clicking on the video link below.
MARKET CONFUSION: Market already making adjustments that government projections won’t pick up in June. 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.
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 www.FarmFutures.com 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.
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Tagged: usda, farm progress, extension service, crop production
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