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Grain futures posted modest overnight gains after rebounding from new lows set the previous day following USDA's monthly supply and demand reports. Ethanol production was strong the prior week, though plant margins fell.
The Federal Reserve was expected to raise interest rates by a quarter point at the end of its two-day meeting.
The move is a small technical rebound with no fundamental change. An expected rate hike could strengthen the dollar and weigh on commodity prices.
farmprogress.comDec 13, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
