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TFC Commodity Trading Forum

Commodity Markets / Grains and Meats *LINK*

Today's Market View Corn Futures Expected to Open 3 to 5 Lower as of 7:15 a.m. CDT
24 minutes ago

Corn: In a quiet session, most corn contracts drifted lower, but not before the December contract posted another new high for the sixth time in eight days.

Soybeans: The bean market closed lower for the first time since last Thursday with the November contract running into resistance near $14 for a second straight day.

Wheat: Minneapolis wheat led Kansas City and Chicago contracts lower, tied to a bearish Statistics Canada report and increased harvest activity.

Live Cattle: It was a long day in the cattle pit as contracts closed sharply lower on follow-through selling from both sides of the market.

Cotton: The December cotton contract continued this week's consolidation by closing modestly lower, unable to break through initial price resistance near $109.

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