First Thing Today
Grain and soybean futures tick higher in overnight bounce. This afternoon’s Federal Reserve decision — and remarks by Chairman Kevin Warsh — are the main event for global markets.
Some South America weather concerns begin to emerge, while U.S. dollar poised to strengthen ahead of this week’s Fed meeting.
Friendly Cattle on Feed Report shows 12% drop in placements
Cattle on Feed report expected to show another month of record low placements Friday afternoon
Corn, soybeans tick higher overnight while oil futures see renewed gains on fears of U.S.-Iran re-escalation
Harvest weather remains wide open across much of Midwest
Trump administration announces $8 billion in fuel-relief payments for farmers
Putin floats summit as Trump faces GOP backlash over Russia sanctions waivers
Traders pare rate-hike bets after Fed’s Warsh stays mum on next move
Dollar retreats from 18-month high as stocks wobble ahead of September PPI, remarks by Fed’s Warsh