Markets Quiet Ahead of Fed Decision

Markets Quiet Ahead of Fed Decision

Grain markets have joined outside markets in a quiet day ahead of the Federal Reserve Open Market Committee's decision. (Audio)

Chances of rain in the Midwest this weekend and a big sale of soybeans to China seem to have offset to keep the markets mixed but steady. Most markets are anxiously awaiting the Fed decision this afternoon before making any rash decisions. Yesterday's FSA numbers have renewed discussion of crop size in the Midwest as more than 5 million acres show up as prevented plant in corn and soybeans.

Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.

Grain markets have joined outside markets in a quiet day ahead of the Federal Reserve Open Market Committee's decision.

Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings extensive experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective through his comments and writing.

TAGS: Soybean
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