Corn: December corn futures fell 2 cents to $4.24 1/4, near the daily low. The corn futures market saw some chart consolidation at mid-week.
Soybeans: November soybeans fell 3 cents to $10.09, nearer the daily low. December soybean meal fell $1.20 cents to $276.10, near the daily low and hit another seven-week low. December soybean oil fell 4 points to 49.84 cents, nearer the daily low. The soybean complex bulls are trying to stabilize prices but the bleeding soybean meal market remains a major bearish anchor on the complex.
Wheat: December SRW wheat fell 1 cent to $5.19 1/2, near the session low. December HRW fell 4 3/4 cents to $5.06 3/4, near the daily low. December spring wheat futures were unchanged at $5.67 3/4. The winter wheat futures markets saw some consolidation and corrective selling pressure after decent gains posted Tuesday.
Cotton: December cotton fell 47 points to 66.17 cents, near the daily low and closed at a nearly three-week low close. The cotton market was pressured today by a stronger U.S. dollar index and some mild pressure on the U.S. stock indexes.
Cattle: October live cattle fell $1.55 to $234.05, near the daily low. November feeder cattle lost $2.95 to $357.80 and nearer the daily low. The live and feeder cattle futures bulls saw corrective selling pressure and profit-taking from the shorter-term futures traders today, following recent gains.
Hogs: October lean hogs fell $1.10 to $99.425, nearer the daily low. The lean hog futures market today saw routine profit-taking after prices hit a contract high on Tuesday.