Grains and livestock closed the month of August on a strong note, with both complexes showing surprising resilience. On today’s Final Bell, livestock market analyst Kyle Bumsted joins Bryce Doeschot to break down the action.
Key highlights include:
Short covering & commercial buying: What fueled late-session strength in corn, soybeans, and cattle.
Global signals: Why South American weather and even coffee prices are worth watching for grain traders.
Cattle cash trade: Southern Plains bids pushing $242–$243, with feeders still red-hot.
North vs. South: The differences in grading and why cash trade varies across regions.
Looking ahead: Technical levels to watch after Labor Day and whether corn’s early fall low is in.
Bumsted explains why feeder cattle sellers may be “in the driver’s seat” right now, but also warns the market is only one headline away from sharp moves.