Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

Today's Market View Corn Futures 7 1/2 Lower as of 6 a.m. CST
27 minutes ago

Corn: Strong noncommercial selling has the market on the defensive.

Soybeans: A late round of commercial buying interest offset some of the noncommercial long-liquidation, limiting losses.

Wheat: Commercial selling emerged, and when combined with the noncommercial pressure seen in most commodities led the wheat market lower.

Cotton: The continued weakening of the inverse in the futures spreads indicates the short-supply market may be coming to an end.

Live cattle: Like most commodities, live cattle came under pressure from noncommercial selling, possibly turning the short-term trend down.

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