Episode 95 - Fed Funds Update and Outlook

The Federal Reserve Open Market Committee's June 2026 meeting ended in a federal funds rate hold, but the odds of a rate hike by September have jumped to nearly 70%. Hunter Biram and Ryan Loy unpack what's driving the shift, from lingering energy-price inflation to the disappearing benefit of last year's rate cuts on farm budgets. If the Fed does move, it's one more squeeze on operating costs at a time when farm profitability is already stretched thin.