By: Dan Hueber – If there were a term that could be used to describe that activity in a wide array of markets, both commodity and equity yesterday, it would have to be risk-off. Yes, the Federal Reserve did bump interest rates higher by 25-basis point, but that would hardly…
Commentary
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains steadily fell today and all settled lower. News was light, but there is increasing talk about dryness in Brazil. Regardless, that isn’t of concern to the market right now. Disappointing soybean sales to China are. The market is well aware of the fact Brazilian soybeans…
Afternoon Grain and Cattle Recap
By: Kelley Fornoff – Grain markets were quiet today with soybeans and corn both moving higher but wheat falling back a bit. Soybeans found strength around 11:30 this morning on a report that China bought an unknown amount of US soybeans. If so, this would be the first big purchase…