Overall, Wednesday saw a choppy market day with corn and soybeans quietly mixed. Wheat saw some inter-market spread action between Chicago and Kansas City contracts while livestock finished mostly slightly lower. The Federal Reserve did go through with a 50 basis point rate hike as expected and that sent the Dow Jones lower in late trading.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis with DuWayne Bosse of Bolt Marketing on today’s Market Talk with Jesse Allen. And an update on the fertilizer market with Josh Linville of StoneX:
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