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Wednesday Channel Final Bell with Arlan Suderman at StoneX | 10/2/24
Manage episode 443329040 series 3037823
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There’s positive money flow in the food and energy sectors, signaling strength in these markets. The latest StoneX customer survey suggests crop sizes are getting bigger, adding pressure on supply. In Brazil, rains are expected to return next week, which will be welcomed by the soybean and winter crops, aiding growth. Meanwhile, the EU Commission has proposed a one-year delay on deforestation regulations, impacting global trade dynamics. Ongoing port strikes continue to disrupt supply chains, but the cattle market remains on fire, with prices surging despite broader market challenges.
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