BASF Hosts Farm Futures Talk at Farm Progress

Cindy Zimmerman

AgWired coverage of the 2009 Farm Progress Show
is sponsored by: BASF and New Holland

BASF at Farm Progress Show Photo Album

Arlen Suderman at BASF Tent Farm Progress 2009New dynamics are shaping the future for agriculture and farmers need to be watching the markets more closely than ever before to keep ahead of the game, according to market analyst Arlen Suderman with Farm Futures.

“There’s a lot of money flow factors that drive the money, that tie what happens in grains to the bond market, the energy market, the value of the dollar,” Arlen said during a talk at the BASF tent during the 2009 Farm Progress Show. “That creates a lot of uncertainty, but there’s also reasons why it happens on a day to day basis.”

Arlen talked about factors like crude oil, corn and soybean stocks, export demand and much more. “Part of the real key over the next six months is when do we get that first frost, that will be a major driver in the soybean market with demand being so strong and that will set the tone for corn and wheat as well,” Arlen said.

Listen to or download a brief interview I did with Arlen right after his presentation:

Audio, BASF, Corn, Farm Progress Show, Markets, New Holland, Soybean