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TFC Commodity Trading Forum

Today's Market View - Grains and Meats

Today's Market View Corn Futures are 2 to 3 Lower at 6 a.m. CST
37 minutes ago

Corn: Corn contracts settled higher for a ninth straight session on continued noncommercial support as they add to their net-long futures position.

Soybeans: Noncommercial traders seem to be taking a breather after Tuesday saw the market trade at a level not seen since September 2008.

Wheat: Another new high was posted for the move by the nearby March contract setting up a possible test of the August high of $8.41 on the continuous chart.

Live Cattle: Stronger cash prices and technical buying led to solid gains in cattle as the market reached a two-year high.

Cotton: Commercial selling pulled the nearby March contract from a sharp gain to near limit-down loss as underlying fundamentals grow less bullish.