Markets were fairly choppy on Thursday as corn and wheat found a little support but soybeans saw pressure. Livestock were lower and that could be tied to a sharply lower day in the stock market. The Dow Jones was down considerably in reaction to the latest Fed rate hike with the Dow now down around 5% in just two days.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis with Bryan Doherty of Total Farm Marketing on today’s Market Talk with Jesse Allen. Plus a conversation with Scott Kay of BASF: