- PBoC injects 100 billion Yuan via 7-day reverse repos
- Sets 7-day reverse repo rate at 1.8% vs 1.8% prior
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Penny production ends! Cost to make 1 cent coin exceeds face value. A historic shift for collectors and the market.
Cotton futures dip 50-58 pts; coffee rallies on Real strength, then plunges on tariff hopes. Watch these volatile commodities!
Corn futures climb on yield drop forecasts; cash prices hit $3.97. Traders eye USDA report for production clues.
Live cattle futures dip $1.25-$2; feeders gain $1.35 on Nov contract. Boxed beef weakens, Chc/Sel spread tightens to $14.51.
Wheat futures see modest gains; USDA report eyed for US stocks up 23 mbu. French output up, Russian crop down.
Lean hog futures dumped $1.20-$1.80; USDA hog price $78.78, down $3.34. Traders eye pork cutout value at $96.14.
Govt shutdown ends, but backlogs & delayed data ($10-15B/wk cost) linger. Travel curbs lift in ~1wk.
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