Corn Futures Fractionally Lower at 6:00 a.m. CDT Tuesday
DTN Newsletter comments.
Corn: December corn futures finished up 3 3/4 cents Monday to close at $4.21 3/4, recovering from early selling.
Soybeans: November soybeans rose 6 3/4 cents to finish at $10.33 3/4, getting some support from the strong bean oil market.
Wheat: December KC wheat futures rallied sharply Monday, closing up 12 cents to end the day at $5.17 1/4, setting up a bullish chart reversal pattern confirmed by a higher Tuesday close.
Cotton: December cotton futures rose 0.18 cent to close at 66.21, continuing to trade in a low-range sideways pattern.
Live Cattle: October live cattle fell for the fifth straight day, sliding $0.17 to end the day at $235.80, although still in a major uptrend.
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