# Commodities Gained on Fed Rate Cut and Improving Trade Relations

> 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.

- Date: 2019-11-12 · published 2019-11-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/55959-commodities-gained-on-fed-rate-cut-and-improving-trade-relations
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

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.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- LCATTLE: bullish ▲

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/commodities-gained-on-fed-rate-cut-and-improving-trade-relations-300955112.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.