Today's Market View Corn Futures Expected to Open 4 to 6 Lower as of 7:15 a.m. CDT
23 minutes ago
Corn: Renewed noncommercial interest allowed the corn market to close well off session lows as the longer-term supply and demand situation remains neutral to bullish.
Soybeans: Sharp losses were sustained in soybeans on continued selling from both sides of the market tied to less bullish fundamentals longer-term.
Wheat: If not for spillover noncommercial interest from the surging corn market, wheat contracts at all three exchanges would have likely closed with sharp losses.
Live Cattle: Follow-through buying from both sides of the market led to a solid close in live cattle on the idea cash prices will continue to appreciate this week.
Cotton: A sizeable drop in world stocks of 750,000 bales allowed the cotton market to recover from early losses as the uptrend continues to strengthen.
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Since 1996 by request from many traders new and old hands at trading I was ask to post my calls at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my calls in advance of the markets and offering in my trading course.
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