Thursday Channel Final Bell with Mike Zuzolo with Global Commodity Analytics | 8/29/24

Geopolitical tensions are once again impacting the markets today, adding to the uncertainty. China’s pullback on purchases of corn, wheat, rice, and barley is also creating additional pressure. As we approach the month’s end and head into a three-day holiday weekend, market volatility could increase. Acreage changes in Argentina are drawing attention, while ongoing planting worries in Brazil continue to raise concerns about future supply. Meanwhile, cattle prices are experiencing another dip, further weighing on the agricultural sector.