Today's Market View Corn Futures Expected to Open 3 to 5 Higher as of 7:15 a.m. CDT
19 minutes ago

Corn: December corn closed below major support at $6.42 on follow-through selling from both commercial and noncommercial traders as the market structure continues to grow more bearish.

Soybeans: As with corn, November soybeans closed below major price support at $12.61 1/2, setting the stage for additional long-liquidation next week.

Wheat: Chicago wheat was one of the few markets to rally on noncommercial short-covering, something that isn't expected to sustain itself due to bearish fundamentals.

Live Cattle: With outside markets stabilizing, live cattle contracts were able to post solid gains Friday on cash optimism heading into this week..

Cotton: Cotton rallied on oversold conditions and the weaker U.S. dollar index which sparked renewed buying from both sides of the market.

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