Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Today's Market View - Grains and Meats

Today's Market View Corn Futures Expected to Open 4 to 5 Lower as of 7:15 a.m. CST

Fri Jan 14, 2011 07:19 AM CST

Corn: Corn posted a new 30-month high for a second straight session as noncommercial traders continue to build their sizeable net-long futures position.

Soybeans: The market struggled to maintain buying interest Thursday due to forecasts calling for rain next week in Argentina bringing some relief to parched soils.

Wheat: Spillover support from the stronger corn market and almost a full point loss in the U.S. dollar index led to solid gains in wheat contracts Thursday.

Cotton: Another volatile session led to sharp losses in cotton despite the continued sell-off in the dollar and a bullish export sales report.

Live cattle: Cattle contracts settled mixed with deferred issues higher as concern grow over higher feed costs cutting into herd size.