Big crops, good weather, slowing export sales weigh on crops: Podcast

Yellen says economy improving but offers no timetable for rate hike.

Corn, soybean and wheat markets were lower Friday as big crops here and around the world weigh on the markets.

Fed chairman Janet Yellen’s long-awaited speech on Friday said the U.S. economy is improving and a rate hike is warranted. She did not say when a rate hike would occur, but the financial markets indicate traders are betting it will be December this year or June next year.

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