Latest USDA Report Drives Wheat Futures Limit Higher |Channel Final Bell with Mike Zuzulo

from The Final Bell · host Rural Radio Network

The USDA pegged the winter wheat crop as the smallest since 1972, with severe loss due to drought conditions. Soybean stocks and exports seem to still rely heavily on Chinese business, which doesn't align with what China intends to buy. Cattle futures are seeing fund liquidation despite the hike in cash trade. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

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