Wheat complex sees strong rally

Soybeans were higher on short covering and technical buying. Beans rallied after being mixed to lower for most of the session, waiting for the Federal Reserve announcement on interest rates. As expected, the Fed raised the key rate another quarter of a point, the tenth rise in a row, but that’s expected to be the last increase for a while. Export demand is slow because of Brazil’s record crop and U.S. planting is ahead of average.

…