The midday GFS forecast indicates hot and dry conditions, which could impact both global and U.S. agricultural supplies. Export sales are currently lagging, raising concerns about market performance. The importance of currency fluctuations in the global market is becoming increasingly evident. Meanwhile, the cattle market is experiencing a strong day, though the latest On Feed numbers may reveal significant changes for the south. Additionally, economic factors such as consumer GDP and increasing layoffs are adding layers of complexity.
Thursday Channel Final Bell with Mike Zuzolo with Global Commodity Analytics | 7/25/24
