Crop markets inch higher as traders await Fed announcement: Podcast

First interest rate increase in a year expected on Wednesday.

Crop markets were a little higher in light trading on Tuesday as traders focused on Wednesday’s Federal Reserve Bank announcement; the central bank is expected then to announce its first interest rate increase in a year.

Cold weather is in the forecast for the U.S. late this week. Argentina's crop areas are dry this week but should see rain next week.

Bob Burgdorfer of Farm Futures reporting. Farm Futures is a sister publication of Feedstuffs.

 
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