Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

Today's Market View Corn Futures Steady to 1 Higher as of 6 a.m. CST
39 minutes ago

Corn: Renewed noncommercial buying pushed contracts higher. Despite the sell-off earlier this week the long-term trend remains up.

Soybeans: Strong buying from both sides of the market led to a sharp rally in soybeans.

Wheat: Noncommercial buying interest was sparked by the rally in the other grains, though commercial traders seemed to stay out of the wheat rally.

Cotton: Like most commodities, cotton contracts posted a strong rally on renewed noncommercial buying interest. However, the commercial side of the market continues to grow less bullish.

Live cattle: Contracts rallied as commercial traders turn more bullish. The recent sell-off in the futures market sparked renewed interest.

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