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Today's Market View - Grains and Meats

Today's Market View Corn Futures Expected to Open 2 to 3 Lower as of 7:15 a.m. CST
21 minutes ago
Corn: The market remains in a strong uptrend as the March contract moved to a new high during Wednesday's session.

Soybeans: The trend remains up as the nearby March contract posted another new high. However, a stronger carry may be indicating a more bearish short-term commercial outlook.

Wheat: All three exchanges posted solid 20-cent plus gains due to continued noncommercial buying interest.

Cotton: The supply and demand situation remains bullish, as indicated by the continued strength of the inverse in the futures spreads.

Live cattle: The trend remains up despite a more bearish commercial outlook indicated by the strength of the June contract in relation to the April contract.

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Today's Market View - Grains and Meats