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First interest rate increase in a year expected on Wednesday. (audio)

December 13, 2016

1 Min Read

Crop markets were a little higher in light trading on Tuesday as traders focus on Wednesday’s Federal Reserve announcement. The central bank is expected then to announce its first interest rate increase in a year.
Cold weather is forecast for the U.S. late this week. Argentina crop areas are dry this week, but should have rain next week.

Listen to the report using the audio link on this page.

Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

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