Grains Swing After Fed Decision Amid Inflation Fears

The grain markets experienced mixed results after the recent Fed decision to raise interest rates by 0.25%. Soybeans and wheat closed higher, while corn was well off its lows.

Garrett Toay of AgTraderTalk stated that grain markets tend to take a backseat during macro days like today's announcement.

Toay also mentioned that the Fed decision was a 'push-pull' with the White House and Treasury yields indicating one thing, while market rhetoric suggests another.