Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

Today's Market View Corn Futures Expected to Open 2 to 6 Higher as of 7:15 a.m. CDT
32 minutes ago

Corn: The corn market continues to see a divergence between commercial buying in new-crop contracts tied to weather and commercial selling in old-crop on shifting concerns over tight supplies.

Soybeans: The new-crop market continues to struggle in relation to new-crop corn on increased commercial selling tied to larger acreage expectations.

Wheat: All three exchanges have shaken off last week's malaise, with renewed commercial interest tied to problematic weather in different growing areas.

Live Cattle: Renewed commercial buying interest in the cattle market offset possible pressure tied to the sharply lower DJIA Monday.

Cotton: Modest noncommercial buying interest has returned to the market, though commercial selling interest remains evident.

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