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TFC Commodity Trading Forum

Today's Market View - Grains and Meats *LINK*

Today's Market View Corn Futures Expected to Open 4 to 6 Higher as of 7:15 a.m. CDT
21 minutes ago
Corn: The corn market rallied well off session lows by the close Thursday, sparked by strong commercial buying as near-term demand remains strong, as indicated by the firming DTN national corn basis.

Soybeans: Follow-through commercial buying allowed bean contracts to remain on the plus side throughout Thursday's session, reflecting a more bullish supply and demand situation.

Wheat: Chicago wheat struggled Thursday as the recent noncommercial short-covering activity took a pause after the sharp rally over recent days.

Live Cattle: Overbought conditions and bearish fundamentals as indicated by the strong carry in futures spreads pulled live cattle contracts to near limit-down (3-cent) losses.

Cotton: Cotton retreated to limit-down (4-cents) trade Thursday after comments by Ben Bernanke that the Fed would not implement a stimulus package at this point in time.


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Today's Market View - Grains and Meats *LINK*
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Today's Market View - Grains and Meats-limitup *LINK*