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Monday Channel Final Bell with Don Roose with U.S. Commodities | 10/07/24
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Weather in South America remains a critical factor, as we await Friday’s USDA report, which will provide more insight into yield expectations. The big question is whether seasonal lows have been set, and how a potentially large South American crop might impact prices moving forward. Meanwhile, dryness in the Midwest continues to pose challenges for U.S. producers. On the livestock side, many are wondering if there’s a chance for higher cash cattle this week, as market dynamics evolve. All these elements together will be pivotal in shaping the outlook for both grains and livestock.
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