Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Today's Market View - Grains and Meats

Today's Market View Corn Futures Expected to Open 4 to 6 Lower as of 7:15 a.m. CST
23 minutes ago

Corn: With last week's sharp losses a short-term downtrend was established, leaving the market susceptible to follow-through noncommercial long-liquidation this week.

Soybeans: Noncommercial traders continue to liquidate a portion of their net-long futures position, setting the stage for a larger sell-off in coming weeks.

Wheat: Contracts at all three exchanges lost over $1.00/bushel last week on strong selling from both the noncommercial and commercial sides of the market.

Live Cattle: Strong gains were posted in the live cattle market last week with the nearby contract closing near its all-time high as the uptrend continues to strengthen.

Cotton: After the cotton market posted a new all-time high early in the week, renewed noncommercial selling led to a lower weekly settlement, though the trend remains up.