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More Rain Could Slow Crops

Slow emergence and wet forecast give prices a lift overnight. (Audio)

Published on: Jun 18, 2013

Corn and soybeans are in decent shape for June – at least in fields where plants are out of the ground. Emergence remains slow, especially in the northwest Midwest, which could receive more heavy rain this week. Grain futures are firming overnight, though buyers don’t seem excited yet about any lack of production.

Farm Futures Senior Editor Bryce Knorr talks markets with Pam Jahnke, Wisconsin Farm Report. Listen to their conversation using the audio player on this page.

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. And you can follow Farm Futures throughout the day on Twitter at www.twitter.com/farmfutures.

WEATHER DOMINATES: Crops are emerging, but continued slow progress has markets worried.
WEATHER DOMINATES: Crops are emerging, but continued slow progress has markets worried.

Pam Jahnke is Farm Director of the Wisconsin Farm Report that is carried on 16 stations in Wisconsin.  Known as the "Fabulous Farm Babe" Pam studied broadcast journalism and broad area agriculture at the University of Wisconsin - River Falls. After college, Pam moved into her chosen field, doing farm broadcasting, radio and television, from Green Bay to Eau Claire, WI - and she's never looked back.  Pam often says she feels like farm broadcasting and communicating on behalf of food producers is exactly what she was made for. Pam has been named "Friend of Agriculture" by the Wisconsin Department of Agriculture for her assistance in raising awareness of the "Harvest of Hope" program. She has also served as president of the National Association of Farm Broadcasting.

Do you trust USDA acreage numbers? You could help us tell the WHOLE story - Take the Farm Futures Survey - and help us report planted acres ahead of USDA's June 28 estimate. A few minutes with us can help us tell the real story.