Today's Market View Corn Futures Expected to Open 7 to 9 Lower as of 7:15 a.m. CDT
24 minutes ago
Corn: Corn was the only grain to close lower Wednesday on end of the month position squaring. Buying interest could return rather quickly given much lower production estimates continue to stream in.
Soybeans: Make four straight days November beans have posted a new contract high setting the stage for a test of the next price target of $15 in coming days.
Wheat: If not for the strong gains in Minneapolis wheat, Chicago contracts would have very likely closed lower due to an increasingly bearish supply and demand situation.
Live Cattle: October live cattle closed precariously near key price support at $114. A move through this level could amplify selling interest from both sides of the market.
Cotton: The cotton market closed the month with little fanfare by closing modestly higher in quiet trade as contracts continue to consolidate in a narrow range.
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