Welcome to Markets Desk, here's what's moving on this Tuesday.
In the agricultural pits, live cattle futures closed mostly firmer, with contracts gaining fifteen to ninety cents on the day. Cash trade has been subdued so far this week, with a handful of dressed sales coming in around three hundred fifty-nine dollars, following last week's stronger live and dressed benchmarks. Feeders slipped modestly.
Over in the grain markets, soybeans pulled back from their intraday highs but still managed fractional to six-cent gains at the close, with the national average cash bean price ticking up a penny to eleven dollars and seventy-six cents. Wheat was a split picture, with spring wheat holding its ground while Chicago and Kansas City winter wheat contracts finished on the softer side, front months down as much as ten cents.
Shifting to the cultural battleground around artificial intelligence, a new ad featuring former NFL star Jason Kelce is making waves by taking direct aim at AI data center water consumption, the campaign backed by Garage Beer and Liquid Death. It's a sign that public skepticism around AI infrastructure is now compelling enough that brands see real marketing value in amplifying that criticism.
That's the tape. Markets Desk, signing off the floor.
