The Federal Reserve this week revealed its largest single interest rate increase in 28 years.
Interest rates, coupled with recent severe weather, continue to be a focus of market analysts.
Mike Zuzolo of Global Commodity Analytics and Jeff Peterson of Heartland Farm Partners weighed in on this week’s market activity.
🟢🌽 July corn closed up 11 cents
🟢🌽 December closed up 10 cents
🔴🌱 July soybeans closed down 43 cents
🔴🌱 November soybeans closed down 30 cents
🔴🌾 Kansas City July closed down 57 cents
Markets will be closed on Monday due a federal holiday.
The Weekly Market Roundup is presented with support by the Nebraska Soybean Board.