Markets at the close were still digesting Monday’s WASDE and USDA reports, with ongoing discussion around how soybeans and cattle are reacting as geopolitical tensions build once again. China hosted another reserve sale, adding to the global supply conversation. Meanwhile, cattle markets remain on fire, pushing to new highs as lower grain prices continue to provide support heading into 2026.
Mike Zuzolo with Global Commodity Analytics shares his thoughts on the Tuesday Market Wrap Up…



