With the rate decision coming tomorrow, markets are on edge, but cattle prices have continued to move higher. The upcoming Cattle on Feed (COF) report is also drawing attention as it could impact price direction. Grains seem to be locked in a box, with limited movement, though some commercial buying in soybeans has provided support. Corn and beans have managed to pull wheat along with them, despite the grain market’s overall stagnation. Weather concerns remain a key factor, with both South America and the U.S. facing challenges that could influence crop development and yields in the coming weeks.
Tuesday Channel Final Bell with Kyle Bumsted | 9/17/24
