After three days of higher futures prices, mainly as a result of noncommercial short covering, grain and soy futures markets seemed due for a breather today. That is what happened for the most part in spite of certain price swings. General Comments The U.S. dollar fell rather sharply, and the stock market jumped higher today, mostly in response to the Fed's apparent cautious approach to raising interest rates. Even assuming that there is a rate hike this year, the expectation is that the increase will be small and gradual. Chairperson Yellen said that although the economy shows improvement, the Fed needs to remain "accommodative." It has been so with an interest rate near zero for six years and has also printed/poured many billions of do...