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Credit Suisse reported that the Bloomberg Commodity Index rose in October, with 19 of 23 constituents gaining. Agriculture rose 1.74% led by cotton on US-China partial trade deal progress, and livestock gained 0.71% with live cattle firmer.
Improved US-China trade prospects raise expected US agricultural export volumes, supporting feed grain and livestock prices. The effect is mostly sentiment-driven and reflects a monthly performance recap.
prnewswire.comCredit Suisse AGNov 12, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
