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

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

Bob Burgdorfer 1

August 26, 2016

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

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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