Weekly Soybean Crush: Soybean Oil Reaches 9-Week High
Market Update
Reports suggest DDGs have experienced continued negative pressure due to sluggish demand...
Limited trade was reported on Monday as most participants test the market following the USDA WASDE release on Friday.
The Federal Reserve plans to meet tomorrow and Wednesday to discuss the state of the economy and the debt ceiling. The Fed has already raised interest rates ten times in the last year to grapple with rising inflation. If the Fed decreases rates or holds them steady, it indicates inflation is cooling and consumers may increase spending and borrowing again.
For the week...