Not all Doom and Gloom for the Markets | 8/3/24 Nebraska Soybean Board Weekly Market Roundup

August 3rd, 2024

The market had a long week of trading, with cattle showing some improvement by the end of Friday, although still not green on the screen. Breaking everything down for this week’s Nebraska Soybean Board Weekly Market Roundup we hear from Kyle Bumsted with Allendale and Darin Fessler at Lakefront Futures. Algorithms played a significant role in driving cattle prices this week. Macro factors, including weather conditions, crop potential, and are we heavily sold in the grain market, had a substantial impact. Additionally, we will break down the equity markets and explore how they relate to the agricultural sector, providing a comprehensive overview of the factors influencing the current market dynamics.

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