Crop, financial markets await Fed's decision on interest rates

Crop, financial markets await Fed's decision on interest rates

Soybeans are lower after four days of gains. (audio)

Crop and financial markets await announcements later today from the Federal Reserve on interest rates and the state of the U.S. economy.
Ahead of those announcements, soybeans are lower, corn is weak, and the wheat markets are little higher.
USDA announced a number export sales on Wednesday that included soybeans going to China, Taiwan and unknown
destinations, wheat to Mexico  and grain sorghum to unknown destinations.

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

Crop and financial markets await announcements later today from the Federal Reserve on interest rates and the state of the U.S. economy. (Photo: maciek905/Thinkstock)

Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.


 

TAGS: USDA
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