Wednesday Channel Final Bell with Arlan Suderman | 8/14/24

The latest Consumer Price Index (CPI) report is influencing stock markets, adding to the complex mix of geopolitical tensions that are already impacting financial and commodity markets. As California’s new biofuel policies are set to begin in September, traders are closely watching for potential ripple effects across the agricultural sector. Amid these developments, there are growing questions about whether the market has reached a bottom, especially with a significant amount of grain still left in the bins and this year’s crop looking robust. Despite these challenges, the feeder cattle market remains strong, offering some stability in an otherwise uncertain landscape.