Today's Market View Corn Futures Expected to Open 6 to 7 Lower as of 7:15 a.m. CDT
22 minutes ago
Corn: Despite prices remaining near record highs, fundamentals are growing more bullish in corn, indicating demand rationing has yet to occur.
Soybeans: It was a disappointing day in soybeans as solid overnight gains were replaced by sharp losses tied to talk China could cancel previous purchases.
Wheat: Chicago wheat found support from the surging corn market and follow-through commercial buying interest hinting at improved demand possibly in feed rations.
Live Cattle: Live cattle contracts were lightly mixed in a quiet session with traders stepping to the sideline after last week's volatility.
Cotton: Solid gains were posted in both old-crop and new-crop markets as underlying fundamentals continue to grow more bullish, as indicated by the strengthening inverted futures spreads.