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
DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
Read Next
With summer patterns running four weeks behind schedule, meteorologist Don Day urges growers to plan in short windows for the second half of the growing season.
Get News Daily
Get Market Alerts
Get News & Markets App