09/14/2025 Sunday Market Preview

Light back-and-fill expected for the grains after a firmer Friday finish. Traders wait for word on how Chinese trade meetings are progressing while preparing for the Fed decision coming Wednesday. In the Headlines U.S. Treasury Secretary Scott Bessent was set to start trade meetings with top level Vice Premier from China. The talks will span Sunday to Wednesday in Spain. These plans were just announced by the Treasury Department last Thursday, coming as a surprise after Bessent had previously suggested that he was not likely to meet in person with Chinese negotiators until late October or early November. There will be additional tension after the U.S. government sanctioned more Chinese companies last week, before China opened new anti-dumping cases against U.S. semiconductor manufacturers this weekend. Focus is on the central bank meeting this week. The Fed will announce an expected interest rate cut on Wednesday at 1 pm central with a press conference following 30 minutes later. Traders look convinced that this first rate cut since late 2024 will be just one-quarter of a point, but the market has lately displayed small odds for a half-point reduction. House Republicans have started work on a stopgap bill to fund the government…