Wednesday Channel Final Bell with Arlan Suderman with StoneX | 11/13/24
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The market is adjusting to a complex mix of factors this week. The Consumer Price Index (CPI) has been a focal point, adding to broader global expectations across markets. Flash sales activity remains a driving factor, with an eye on Brazilian growing conditions, which have been generally favorable. Additionally, the impact of elections continues to weigh on traders' minds, creating a level of uncertainty in pricing movements. For cattle, heavy weights and slower cash sales are contributing to cautious sentiment as the industry assesses near-term demand and pricing prospects.
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