Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

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

Corn: Light selling from both sides of the market had corn contracts on the defensive Thursday.

Soybeans: Despite continued bullish export demand, the strengthening carry in the nearby futures spread indicates a more bearish commercial outlook.

Wheat: The wheat market remains vulnerable to noncommercial long-liquidation, particularly if the U.S. dollar index continues to rally.

Cotton: The nearby March contract posted one of those rare sessions of both limit-up gains and limit-down losses before closing near session lows Thursday.

Live cattle: A later round of noncommercial buying allowed contracts to rally off session lows.

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