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Bearish outside market weigh on crops

Expected interest rate hike hits a number of markets. (audio)

May 19, 2016

1 Min Read

Corn, soybeans and wheat are all lower on Thursday, as are a number of other commodities, as a strong dollar could impact export sales. The dollar powered higher after Federal Reserve minutes released on Wednesday indicated key interest rates could be increased as early as June.

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

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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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