Last week, while the Federal Reserve is expected to raise the federal funds loan rate by another 0.75% in November, futures contracts CBOT farmers have declined. This may be an obstacle to future economic activity in the United States, according to the Chicago-based research firm AgResource in a report.

AgResource advised that the recoveries in U.S. grain markets should not be supported by the slowdown in demand. According to him, confidence in the American central bank's ability to orchestrate a “soft landing” is waning.

In the range of $6.70 to $7.05, corn futures seem to be taken. This range could remain intact until the end of the fourth quarter. According to AgResource calculations, since importers are struggling or still do not want to extend coverage over time, major exporters' shipments through mid-October are down 5.4 million metric tons or 10% year over year. For their part, global wheat futures prices ended in a scattered downward order, with the CBOT/Kansas charts turning bearish and global trade continuing to lag significantly behind last year.

Mississippi River costs are skyrocketing, pushing FOB (Free on Board) in the Gulf to another $2.60, slowing new U.S. export demand and encouraging everyone shoppers to the Pacific Northwest