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TFC Commodity Trading Forum

Today's Market View - Grains and Meats

Today's Market View Corn Futures Expected to Open 1 to 2 Higher as of 7:15 a.m. CST
24 minutes ago

Corn: Renewed noncommercial buying interest wiped out all of last week's losses putting the March contract in position to test the previous high at $6.67 in coming days.

Soybeans: The bean market followed the other grains higher, though light commercial buying interest was also noted, possibly hinting at improved demand.

Wheat: Concerns over blistery conditions putting winter wheat without snow cover under risk in the southern and central Plains was partially responsible for renewed noncommercial interest Monday.

Cotton: Renewed weakness in the U.S. dollar index along with bullish fundamentals sparked a sharp rally in cotton on buying from both sides of the market.

Live cattle: Strong demand, a sharp rally in corn and a major winter storm making its way across a large portion of cattle country led to sharp triple-digit gains in cattle Monday.