Markets Under Pressure Awaiting Fed Decision, Despite More China Corn Sales: Will it be .25 or .50?

Grain and livestock futures under pressure with concerns about the Fed move and despite China corn biz. Will it be .25 or .50? Fund positions were also updated. Randy Martinson of Martinson Ag has details.

Grain and livestock futures under pressure with concerns about the Fed announcement. A .25 hike is already figured in but what if its .50? Fund positions were also updated yesterday so what do those mean for the markets? Randy Martinson of Martinson Ag fields these questions.

AgWeb-Logo crop
Related Stories
Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
Get News Daily
Get Market Alerts
Get News & Markets App