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TFC Commodity Trading Forum

Today's Market View - Grains and Meats

Today's Market View Corn Futures Expected to Open Steady to 1 Lower as of 7:15 a.m. CDT
23 minutes ago

Corn: Old-crop corn struggled for a second straight day under the weight of selling from both commercial and noncommercial traders.

Soybeans: Commercial selling continues to indicate the underlying fundamental situation is growing more bearish for beans, near term.

Wheat: New-crop fundamentals are growing less bearish in wheat in large part due to the poor condition of the HRW wheat crop in the Southern Plains.

Live Cattle: Profit-taking from Friday's new contracts pressured cattle futures Monday on noncommercial long-liquidation.

Cotton: The cotton market was sharply lower on heavy noncommercial long-liquidation and renewed commercial selling possibly tied to larger production estimates.