DTN Morning Snapshot

DTN Morning Snapshot

Corn: December corn plunged to another new contract low at $4.01 1/2 before settling at $4.02 Tuesday, pressured by rising yield, production estimates, and expanding southern harvest.

Soybeans: November soybeans gave up early gains to finish down 3 3/4 cents at $9.90 3/4 on good weather, rising yield ideas, and slack export demand.

Wheat: September KC wheat plunged to yet another new contract low, finishing down 12 1/2 cents at just 1/4 cent above the low at $5.04 1/2.

Cotton: December cotton bounced for a second straight day, rising 0.47 cent to finish the day at 67.11, still in a bear trend.

Live Cattle: October live cattle futures finished $3.00 higher and kept the bull market going, settling at $227.10 Tuesday.