Strong dollar mutes markets

Strong dollar mutes markets

Export sales data this morning could shed light on buyers' mood (audio)

Another move higher by the dollar grabbed the spotlight in overnight trading, with the greenback pushing to new 11 ½ year highs today ahead of news from the European Central Bank about their plans for increased financial stimulus. Traders will watch export data out today to see if the currency wars impact demand for U.S. originations as new crop soybeans begin flowing out of South America and buyers remain very price sensitive around the world.

Farm Futures Senior Editor Bryce Knorr talks with Pam Jahnke, Wisconsin Farm Report.

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

Export sales data this morning could shed light on buyers' mood

Bryce Knorr, Senior Market Analyst, 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.

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 to farm broadcasting and has never looked back. She says 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.

TAGS: USDA
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