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Yellen’s midday speech cools marketsYellen’s midday speech cools markets

Crop markets mostly lower ahead of the weekend. (audio)

March 3, 2017

1 Min Read

Traders await Fed Reserve Chairman Janet Yellen’s speech at noon in Chicago, which may provide clues on when the next interest rate hike will occur. That speech appears to have quelled trading in a number of markets Friday morning.

Soybeans are lower as Brazil harvests a big crop, but rain-damaged roads have slowed the movement of that crop to ports.  

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.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.

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