While Congress was busying piecing together a fiscal policy deal on the budget and taxes, the Federal Reserve moved to raise interest rates for the first time in nearly a decade. One method of determining what lies ahead is to look to the market.
While Congress was busying piecing together a fiscal policy deal on the budget and taxes, the Federal Reserve moved to raise interest rates for the first time in nearly a decade. Of note, this is the first time in seven years that the Fed has moved away from its near-zero federal funds rate peg. Additionally, the Federal Open Market Committee (FOMC) decision to increase interest rates was unanimous. Although the hike was modest, moving from the 0.00-0.25 percent range to 0.25-0.50, it is the fi...
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...
