Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

Today's Market View Grain Futures Lower on Japan Developments
20 minutes ago

Corn: Along with the other grains, corn seemed to stabilize Monday with modest gains as noncommercial traders took a breather from recent long-liquidation activity.

Soybeans: Renewed buying interest from commercial and noncommercial traders allowed the bean market to close with modest gains Monday.

Wheat: Spillover support from the other grains sparked a slight rally in wheat after losses of over $1.00 at all three exchanges last week.

Live Cattle: Live cattle contracts were pressured lower by sharp losses in the lean hog market Monday while losses were limited by optimism for higher cash prices.

Cotton: Heavy noncommercial long-liquidation and technical selling pulled cotton sharply lower Monday with commercial support limiting losses on deferred contracts.

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