No Change in the Interest Rate

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The Federal Reserve held interest rates steady in its latest statement, leaving markets looking ahead to the looming August 1 trade deadline. On the livestock side, cattle markets continued to push higher, with hogs following that upward trend in today’s trade.

Arlan Suderman with StoneX joins us with a look at today’s market wrap-up — from steady interest rates to the strength in cattle and movement in the grain trade, here’s what shaped the markets this Wednesday.

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