# Fed fallout looms for market

> Farm Futures analyst Bryce Knorr reviews how the Fed's June 75-basis-point hike hit grain markets, with soybeans down 3.2% and corn down 3.8% in the following week. Another hike of at least 75 basis points was expected at the July 27 meeting. Wheat losses were larger, with HRW down 9%.

- Date: 2022-07-25 · published 2022-07-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/40514-fed-fallout-looms-for-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rate hikes strengthen the dollar and pressure commodity prices, so further tightening could weigh on feed grain and soybean meal prices.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-08-29 | [Fed impact on markets still in play](https://feedsoft.ai/events/10616-fed-impact-on-markets-still-in-play.md) | -0.6% | +1.8% |
| CORN | 2018-02-01 | [No bull market ahead for commodities, Wells Fargo says](https://feedsoft.ai/events/66409-no-bull-market-ahead-for-commodities-wells-fargo-says.md) | +0.6% | +2.1% |
| CORN | 2024-08-21 | [Farmers look to Washington for inflation pressure relief - Marketplace](https://feedsoft.ai/events/28773-farmers-look-to-washington-for-inflation-pressure-relief-marketplace.md) | -1.6% | +6.3% |
| CORN | 2019-07-31 | [The Fed rate cut: Markets reconsider the 'Fed Put' after underwhelming cut](https://feedsoft.ai/events/58267-the-fed-rate-cut-markets-reconsider-the-fed-put-after-underwhelming-cut.md) | -5.0% | -9.9% |
| CORN | 2021-06-18 | [Explaining the volatile stock and bond market moves this week following the Fed's update](https://feedsoft.ai/events/5932-explaining-the-volatile-stock-and-bond-market-moves-this-week-following-the-fed.md) | +0.3% | -5.2% |
| SOY | 2016-08-29 | [Fed impact on markets still in play](https://feedsoft.ai/events/10616-fed-impact-on-markets-still-in-play.md) | -2.2% | -4.6% |
| SOY | 2018-02-01 | [No bull market ahead for commodities, Wells Fargo says](https://feedsoft.ai/events/66409-no-bull-market-ahead-for-commodities-wells-fargo-says.md) | -1.3% | +6.2% |
| SOY | 2024-08-21 | [Farmers look to Washington for inflation pressure relief - Marketplace](https://feedsoft.ai/events/28773-farmers-look-to-washington-for-inflation-pressure-relief-marketplace.md) | +1.1% | +5.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/fed-fallout-looms-for-market

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.