USDA said it has updated its cash cattle market reports to advance transparency, following President Trump’s executive orders, a reporting change for the US fed cattle market carried here from the department’s own release. USDA also published its Chickens and Eggs report dated October 20, 2026, the monthly poultry production release, in the same pool.
In metals, nickel extended its rebound on the prospect of Indonesian production cuts, Bloomberg reported, a supply policy signal from the dominant producer. A trader known for big aluminum bets is back with a wager on copper, Bloomberg also reported, a positioning item that sits alongside the LME Week debate over how much of copper’s rally is stockbuilding. Indonesia’s Merdeka Gold braved the country’s market turmoil with a 559 million dollar offering, Bloomberg reported on Wednesday.
In energy policy, the IEA and ASEAN countries strengthened cooperation on oil supply security and emergency preparedness, the agency said, and the IEA published work on expanding power trade in ASEAN and financing the ASEAN power grid, a regional buildout theme that matches the grid equipment demand in today’s ABB story. Secretary of State Marco Rubio is to discuss Venezuelan crude with Reliance’s Mukesh Ambani, Bloomberg video reported, a headline level item on the returning Venezuelan supply that has been pressuring Canadian heavy differentials.