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TFC Commodity Trading Forum

Today's Market View - Grains and Meats

Today's Market View

Today's Market View Corn Futures Expected to Open 5 to 6 Lower as of 7:15 a.m. CST
24 minutes ago

Corn: Old-crop corn contracts were pressured lower by selling from both sides of the market, while the new-crop December contract rallied 1 cent on concerns about spring planting.

Soybeans: Noncommercial long-liquidation and light commercial selling pressured bean contracts lower, putting the market in jeopardy of re-establishing its short-term downtrend.

Wheat: Forecasted precipitation for the U.S. Plains and rising tension in Libya sparked heavy selling by commercial and noncommercial traders Monday.

Live Cattle: Live cattle contracts were mixed with nearby issues pressured by spillover selling from solid losses in corn and the DJIA.

Cotton: Cotton was one of the few markets to rally Monday as near-term and long-term fundamentals remain some of the most bullish in all of commodities.