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Monday Channel Final Bell with Kyle Bumsted | 9/9/24
Manage episode 439003554 series 3037823
Innehåll tillhandahållet av The Final Bell and Rural Radio Network. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av The Final Bell and Rural Radio Network eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
Money flow in the cattle market has been significant, contributing to a nice turnaround after a period of softness. Despite the recent jobs report, which could temper consumer demand, cattle prices have remained resilient. Fund-related trading is also playing a role in both cattle and grain markets, adding to volatility. In the grain market, China has returned to buy more soybeans, driving a strong market move, with soybeans emerging as the key market mover of the day. The May/July corn spread is drawing attention, suggesting that traders are positioning for potential changes in supply dynamics later in the year. Meanwhile, basis levels for grains continue to fluctuate, reflecting local demand and transportation concerns as harvest approaches
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