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TFC Commodity Trading Forum

Today's Market View - Grains and Meats

Today's Market View Corn Expected to Open Steady to 1 Higher as of 7:15 a.m. CDT
Wed Mar 23, 2011 07:18 AM CDT

Corn: Corn contracts rallied well off session lows and closed higher for a second straight session, though activity appeared to be relatively light.

Soybeans: Commercial interest continues to provide support to the bean market, indicating underlying fundamentals are growing more bullish longer-term.

Wheat: Wheat contracts were mostly higher Tuesday in thin trade with more concern surfacing over the health of the HRW wheat crop in the southwestern Plains.

Live Cattle: Live cattle contracts recovered from sharp losses and finished higher on a fresh round of buying from both commercial and noncommercial traders.

Cotton: Cotton contracts rallied sharply again Monday on continued support from both commercial and noncommercial traders.