Today's Market View Corn Futures Expected to Open 1 to 3 Lower as of 7:15 a.m. CDT
23 minutes ago
Corn: The market is growing more bullish fundamentally and technically, setting the stage for another set of new highs as the week progresses.
Soybeans: November beans ran into resistance at $14, though it will likely only be a minor speed bump on the way to the contract high of $14.11 1/4.
Wheat: Commercial interest returned to Chicago wheat Tuesday, allowing the September contract to close above initial resistance near $7.46.
Live Cattle: A lack of interest from either side of the market (commercial, noncommercial traders) led to modest losses Tuesday in live cattle contracts.
Cotton: Cotton struggled under the weight of pressure from both sides of the market as underlying fundamentals continue to grow less bullish.
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