Markets are being pulled in several directions as headline after headline changes the tone, with the United Nations meeting adding another layer of uncertainty.

Black Sea ceasefire chatter is getting attention after Ukraine said it would consider an unconditional ceasefire if Russia agreed. President Trump also said the U.S. is working with the leaders of Russia and Ukraine toward an end to the war.

Meanwhile, markets are looking ahead to Thursday’s Trump-Xi meeting, with trade and other economic issues expected to be closely watched. China has confirmed President Xi’s September 23–25 U.S. visit.

Diesel remains a market concern, while crop progress and increasing chances for rain are also being factored into grain trade.

And cattle couldn’t hold the green, giving back ground on the day as the market continues to navigate cash trade and shifting headlines.

Tuesday Market Wrap Up with Mike Zuzolo at Global Commodity Analytics