If a “yes” vote happens in the House and is signed by the President, we’ll soon see long-awaited export data and other USDA reports that have been on hold during the government closure. Add to that Friday’s WASDE release — already setting the tone for market trade — and it’s shaping up to be an active week. Phosphate and potash have now been moved to the critical materials list by the President, signaling potential supply chain implications ahead. Meanwhile, the cattle market holds a steady tone, waiting on cash trade, even as futures see a slight dip.
Arlan Suderman at StoneX has today’s Market Wrap Up…
Your browser doesn’t support HTML5 audio