Today's Market View Corn Futures Expected to Open 3 to 5 Higher as of 7:15 a.m. CDT
22 minutes ago
Corn: For the fourth time in six days, December corn printed a new contract high at $7.36 1/2 as the uptrend continues to gain legs.
Soybeans: An increasingly bullish commercial outlook continues to drive soybean prices higher with the November contract approaching the high side of its sideways trend near $14.11.
Wheat: Commercial buying seemed to dry up Monday, pulling contracts well off session highs. If this trend continues, wheat may find it difficult to extend the recent rally.
Live Cattle: Despite Friday's bearish Cattle on Feed report, live cattle contracts were able to close modestly higher on spillover support from the broad-based commodity rally.
Cotton: The market limped to the finish by closing mostly higher, albeit with marginal gains, in what appeared to be a quietly-traded session.
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