Stablecoins pose a $500B risk to bank deposits as yields lure funds. Banks fight back, eyeing crypto's growing market share.
Live cattle futures dip 35-60 cents; feeder cattle mixed. Boxed beef prices weaken, but USDA COF report offers support.
Cotton futures rally 71-86 pts on supply news; Crude oil up $1.96. Dollar index dips to $95.575.
Lean hog futures gain 10-75 cents; hog prices near $85. USDA slaughter lags last year, supporting prices.
Soybeans edge higher on export shifts; Cocoa & Coffee rebound on supply concerns. Cattle rally post-USDA report.
Corn futures dip 1-2 cents; cash corn at $3.90. Cocoa, coffee, cattle rally on supply/demand shifts.
Aussie wine exports drop 8% to A$2.34B on global demand slump & trade barriers. China shipments down 17%. Oversupply bites.
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