AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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Latest News
John Phipps: The Link Between Rising Interest Rates and Inflation Isn’t as Simple as You Might Think
The causal link between the Federal Reserve discount rate and inflation is obvious to all serious armchair economists, but calls for an impending recession in the U.S. are missing a few details. John Phipps explains.
Senate Ag Committee Chair Debbie Stabenow (D-Mich.) warned of the potential impact for farm bill spending if there are cuts tied to any deal to increase the debt limit.
A key reversal in wheat after a drone strike at the Kremlin pulls corn and soybeans higher as well. AgDay’s Michelle Rook chats with Ted Seifried about the headlines and the market response.
The Federal Reserve raised interest rates by a quarter of a percentage point and signaled it may pause further increases. In an overt shift, the central bank no longer says it “anticipates” further rates will be needed.
Farmers in the Southern Plains are finally starting to see much-needed moisture hit their fields. It may be too late for winter wheat, but it’s a hopeful sign for those needing the rain to even plant summer crops.
Wheat reverses as a drone strike on the Kremlin puts the Black Sea grain deal in question, pulling corn & beans off the lows. Cattle down ahead of Fed decision w/lower cash. Dave Chatterton, Strategic Farm Marketing.
Risk off selling again in cattle, corn & soybeans ahead of the FOMC announcement and with support breached. Wheat bounces on a Russian war headline. Short covering in hogs. Vince Boddicker, Farmers Trading Company.
