Today's Market View Corn Futures Expected to Open 2 to 3 Higher as of 7:15 a.m. CDT
23 minutes ago
Corn: It was a disappointing day in corn -- after racing out to solid gains at the open a lack of follow-through buying led to a lower close and likely weaker session Wednesday.
Soybeans: It was a quiet day in beans as contracts posted marginal gains Tuesday. If outside market support is lacking Wednesday, contracts could return to weaker trade.
Wheat: The Chicago wheat market remains technically oversold which could provide support the balance of this week, though bearish fundamentals will limit upside.
Live Cattle: Strong buying from both sides of the market (commercial and noncommercial traders) led to strong gains Tuesday as spillover buying was sparked by a higher day in the Dow Jones Industrial Average.
Cotton: As was the case with most agricultural commodities Tuesday, volumes were light as traders took to the sideline due to a lack of fresh news.
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Since 1996 by request from many traders new and old hands at trading I was ask to post my calls at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my calls in advance of the markets and offering in my trading course.
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