Today's Market View Corn Futures Expected to Open Mixed as of 7:15 a.m. CDT
31 minutes ago
Corn: New-crop corn continues to struggle despite ongoing planting delays. Buying interest is coming from both sides of the market and should return as planting delays continue.
Soybeans: Commercial buying interest in both old-crop and new-crop allowed soybeans to close with only modest losses, possibly indicating a short-term bottom is in if noncommercial money returns.
Wheat: Selling from both commercial and noncommercial traders sparked a sharp sell-off for all three wheat markets Wednesday as underlying fundamentals grow more bearish in Kansas City and Chicago.
Live Cattle: Cattle contracts rebounded with triple-digit gains on renewed noncommercial interest, though the market remains susceptible to further downside potential.
Cotton: It was another sharply lower day for cotton on follow-through selling from both sides as a lack of fresh news continues to keep buying interest in check.