Jul 27, 2022
On Wednesday, the Federal Reserve did announce a second consecutive 75 basis point interest rate hike as expected. The trade was cautiously watching that on the day as well as weather forecasts as soybeans and soy products had another impressive day today. Corn and wheat found some weakness and livestock trade higher mostly; led by lean hogs once again shooting higher. We discuss the markets with Mike Zuzolo of Global Commodity Analytics. Learn more online at https://www.globalcommresearch.com.
We also have a conversation with North Dakota Republican Senator Kevin Cramer about foreign investment in agricultural land; highlighted by the Fufeng Group purchase of land for a corn wet mill plant near the Grand Forks Air Force Base.
Today's show brought to you by Growmark/FS, learn more online at https://www.growmark.com.