Futures look for direction in quiet trade

Futures look for direction in quiet trade

Market has more questions than answers as prices drift. (Audio)

Sometimes no news is good news in the market, but traders appear to lack direction right now as buyers and sellers grapple with a series of questions. From weather in South America to the economy in China and policy in Russia, uncertainty abounds. That’s keeping prices choppy overnight

Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.

It's quiet time in the markets, perhaps too quiet as traders look for market signs.

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.

TAGS: USDA
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