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Markets Soft As Traders Dig For Motivation

Markets Soft As Traders Dig For Motivation

Approach of Chinese holidays slows export news (audio)

Prices are a little softer this morning, as another quiet overnight session begins to wind down. Weather news out of South America is mixed, but soybean production still looks strong, while Chinese buying may be slowing as traders clear out for the week-long Lunar New Year holiday that begins Friday.

Listen to the report using the audio link on this page.

Approach of Chinese holidays slows export news

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.

TAGS: USDA
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