Closing Market Report 12/14/22- Mostly Choppy Market Trade on Wednesday


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:

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: