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Thursday Final Bell with Mike Zuzolo with Global Commodity Analytics | 10/31/24
Manage episode 448007688 series 3037823
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As we head into the end of the month, markets are keeping an eye on several key developments, starting with election prep in the U.S., which could bring more volatility across agricultural and financial markets. A potential divergence in the soybean complex is also taking shape; factors like South American weather and Chinese demand may pull soybean oil and meal prices in different directions, creating varied impacts within the broader soybean market. Meanwhile, cattle contracts are seeing intense trading activity, with "fireworks" as traders position themselves ahead of the month's close. The cattle market has been dynamic, with price fluctuations driven by concerns over cattle supplies, packer demand, and shifting trade expectations
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