# Futures regroup overnight

> 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.

- Date: 2017-12-13 · published 2017-12-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8427-futures-regroup-overnight
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The move is a small technical rebound with no fundamental change. An expected rate hike could strengthen the dollar and weigh on commodity prices.

## Read by commodity

- DXY: neutral
- SOY: neutral
- CORN: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/futures-regroup-overnight

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