The crop markets are mostly lower near midday as traders in the commodities and a number of other markets await the Federal Reserve’s two-day meeting that begins on Tuesday. The central bank is widely expected to raise interest rates at least 0.25 point. An announcement is expected early afternoon on Wednesday.
In daily export reports China bought soybeans and grain sorghum. The weekly export inspections were down from the prior week for corn, soybeans and wheat.

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

The crop markets are mostly lower near midday.

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.