The corn market’s fast rise, and aggressive speculative buying, are increasing risks, according to Farm Futures Market Analyst Arlan Suderman. That’s why he continues to recommend pricing corn, despite potential for prices to go higher.
Soybeans are also showing more strength, with rising corn and cotton prices starting to bid for 2011 acres, according to Senior Editor Bryce Knorr. Suderman previously recommend sales of soybeans so he’s content for now to wait to see how South American weather shapes up this fall.
Suderman discussed the market outlook with Knorr, in between events at this week’s Husker Harvest Days in Grand Island Nebraska.
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