We rolled straight from WASDE into a Fed news conference today, capped off with another interest-rate cut. That decision has the potential to ripple through commodities and currency markets as traders position themselves ahead of year-end.
It’s a true Wednesday domino effect: WASDE highlights, weekly energy data, ethanol numbers, and a wheat market that led the decline all landed at once.
Meanwhile, the cattle trade seems to be biding its time—waiting on cash movement and hoping for a little more holiday momentum at the meat counter.
Market Wrap Up with Mike Zuzolo with Global Commodity Analytics
