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Wall Street fell on Friday as AI-related stocks sold off, with the S&P 500 down 1.8% and the Nasdaq down 2.9%. Brent rose 2.4% to $117.64 a barrel and spot gold fell 3.6%, while the ASX was poised for a flat open ahead of the RBA decision.
Broad risk-off moves in equities and a further rise in crude keep energy costs elevated for feed and fuel buyers. Equity weakness and a firmer oil price have limited direct grain impact, so the effect on feed prices is indirect.
abc.net.aubusiness reporter Stephen LettsNov 1, 2026Not 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.
