Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

Today's Market View Corn Futures Expected to Open 18 to 21 Lower as of 7:15 a.m. CST
22 minutes ago

Corn: Continued pressure from both sides of the market has the short-term trend poised to turn down.

Soybeans: Noncommercial long-liquidation eased, allowing contracts to post a modest recovery rally.

Wheat: Bearish long-term fundamentals continue to push all three markets lower.

Live Cattle: Noncommercial selling tied to the sharp sell-off in the DJIA had the live cattle market under pressure.

Cotton: Noncommercial selling of old-crop contracts led to a solid sell-off while new-crop commercial buying provided support.

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