With the Federal Open Market Committee meeting today and tomorrow, Fed watchers will be looking for news on interest rates and the Fed’s balance sheet while continuing to wonder who the new members will be next year.
The Federal Open Market Committee (FOMC) convened its September meeting today, which will run through tomorrow. This is the sixth of eight such regular meetings each year. Four of them conclude with a post-meeting press conference and release of the FOMC’s Summary of Economic Projections as well as the so-called dot-plot. The latter is a chart with dots that each represent a Fed member’s view on where the federal funds rate should be at the end of the current and following years. This month’s is one o...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
