Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

Today's Market View Corn Futures 1/2 higher at 6 a.m. CST
36 minutes ago

Corn: Pressure from both sides of the market had corn contracts on the defensive to start the new year.

Soybeans: Solid commercial selling in soybeans tied to possible improved conditions in Argentina was evidenced by the strengthening carry in the futures spreads.

Wheat: Strong commercial buying in Chicago was indicated by the weakening carry in the futures spreads.

Live Cattle: Like most commodities, live cattle saw the new year begin with selling coming from both sides of the market.

Cotton: Cotton contracts continue to come under commercial pressure, possibly indicating a change in trend in the short-term.

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