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Crop markets await Fed's interest rate announcement

Crop markets await Fed's interest rate announcement
Soybeans lower as rain arrives in Argentina. (audio)

Crop and other markets await the Federal Reserve’s announcement at about 1 p.m. CST, which many expect will include the first interest rate increase in a year.
Before that announcement, the December crop contracts expire at noon today.
Cold and snow will spread through central United States beginning on Thursday, with the snow largely staying in the northern Plains and northern Midwest.

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

Crop and other markets await the Federal Reserve’s announcement at about 1 p.m. CST. (Photo: maciek905/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.

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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