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Wednesday Channel Final Bell with Shawn Hackett with Hackett Financial Advisors | 10/16/24
Manage episode 445593829 series 3037823
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Politics and upcoming elections are adding uncertainty to the markets, with fiscal policy changes in China also weighing heavily on sentiment. However, big export announcements for corn and soybeans this morning provided a much-needed boost to the grain trade. Rains in Brazil are aiding crop conditions, while U.S. weather continues to be a critical factor driving market movements. The fast harvest pace in the U.S. is keeping pressure on prices as supply builds, but traders are keeping a close eye on how these various factors will shape the market in the coming weeks.
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