Thursday, July 24, 2014 10:27AM CDT
The Rural Infrastructure Opportunity Fund could broaden investment in rural America, but it also could translate into communities paying higher interest rates to fund needed projects rather than waiting in line for potentially lower interest rates through USDA loans.
Corn is higher at 6 a.m. (CT); soybeans are higher; wheat is higher.
Look for the cattle complex to open significantly higher, supported by follow-through buying and ideas of another round of impressive feedlot strength. Conversely, lean hog futures should open substantially lower, pressured by residual selling and struggling fundamentals.