Corn, soybean and wheat markets are lower as big crops here and around the world weigh on the markets.
Fed Chairman Janet Yellen’s long-awaited speech on Friday said the U.S. economy is improving and a rate hike is warranted. She did not say when a rate hike would occur, but the financial markets indicate traders are betting it will be December this year or June next year.
 

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Corn, soybean and wheat markets are lower. (Photo: solarseven/Thinkstock)

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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