Flip-Flopping Trade, Fed Decision and a Focus on Risk Still On the Table — This Week in the Markets

Opinion

Grains this week were relatively mixed as a combination of various weather forecasts and new production reports had the trade flip-flopping all over the place. Corn and soybeans were lower with good growing conditions and South American planting starting up. The strength of the U.S. dollar has been waning a bit as expectations were confirmed this past week that the U.S. Federal Reserve did not raise interest rates, helping markets a bit as export sales and inspections have been relatively positive the past couple weeks. Overall, we’re hearing more questions of whether or not harvest lows are in, and it…