Corn Futures Higher at 6:00 a.m. CST Tuesday
DTN Newsletter comments.
Corn: March corn futures closed up 3 1/4 cents on Monday, the third higher session in the past four, challenging early December highs.
Soybeans: January soybean futures closed up 4 cents on Monday to $10.53 1/4, snapping a streak of six sessions lower after a fairly strong export sales report for the week ending December 4.
Wheat: March Kansas City futures closed up 6 cents on Monday to $5.21 1/4, higher on weekend escalation in the Black Sea conflict with some Ukrainian export infrastructure reportedly damaged.
Live Cattle: February live cattle closed up $0.625 on Monday to $231.425, riding a bullish wave following Friday’s cattle on feed report which continued to show a very tight fed cattle situation in the U.S.
Cotton: March cotton was down 0.14 cent per lb. on Monday to close at 63.61, snapping a streak of three days higher and remaining below moving average resistance.
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