USDA Crop Report Sparks Market Dip

The USDA crop report for November revealed slightly negative data across the board, leading to a market dip. Soybean stocks were reduced, causing meal prices to rise. Cattle markets saw a sharp collapse as banks forced hedging from feedlots, and hog prices turned higher after two days of losses. In the broader market, gold rebounded, […]

Heartland Market Talk
Heartland Market Talk
USDA Crop Report Sparks Market Dip
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The USDA crop report for November revealed slightly negative data across the board, leading to a market dip. Soybean stocks were reduced, causing meal prices to rise. Cattle markets saw a sharp collapse as banks forced hedging from feedlots, and hog prices turned higher after two days of losses. In the broader market, gold rebounded, Bitcoin climbed, and crude oil reversed a five-day decline.

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