Today's Market View Corn Futures Expected to Open 10 to 15 Higher as of 7:15 a.m. CDT
21 minutes ago
Corn: Coming off long-liquidation pressure the old-crop market remains vulnerable to increased selling. However, the long-term commercial outlook continues to grow more bullish.
Soybeans: The old-crop market has found renewed commercial buying interest, hinting that headlines of increased demand will soon follow.
Wheat: Weather remains the driving force in the wheat markets, particularly Kansas City (HRW) and Minneapolis (HRS), despite the strengthening carry in the winter wheat futures spreads.
Cotton: The structure of the new-crop market (December contract forward) is growing more bullish, driven by the longer-term commercial outlook.
Live cattle: The market ended the week under pressure from both sides of the market. If commercial selling continues, live cattle remain vulnerable to a sharp selloff.