Corn: December corn futures rose 3 1/4 cents to $4.32, nearer mid-range and hit another four-month high. The corn futures market today saw decent follow-through speculator buying.
Soybeans: January soybeans rose 10 1/4 cents to $10.95 1/4, near mid-range and hit another 12-month high. December soybean meal rose $8.30 to $306.50, nearer the daily high and hit a 4.5-month high. December soybean oil fell 51 points to 50.26 cents, nearer the daily low. The soybean and meal futures markets today saw follow-through speculator buying interest.
Wheat: December SRW rose 3 cents to $5.29, near mid-range and hit a six-week high early on. December HRW gained 5 3/4 cents to $5.20, near mid-range and hit a two-month high. December spring wheat rose 1 1/2 cent to $5.61 3/4. The winter wheat futures markets saw decent follow-through buying interest today, to mark the fourth straight session of higher closes for December HRW, and the fourth straight session of steady-to-higher closes for December SRW.
Cotton: December cotton rose 49 points to 65.05 cents, near the daily high and closing at a nearly three-week high close. December cotton futures today saw short covering and some perceived bargain hunting.
Cattle: December live cattle fell 60 cents to $226.575 and near mid-range. January feeder cattle dropped another $9.55 to $324.875, nearer the daily low and hit a three-month low. The live cattle futures markets bulls are working to stabilize prices amid the present steep downdraft.
Hogs: December lean hogs fell 67 1/2 cents to $80.825, near the daily low and hit a three-month low. The lean hog futures market saw more chart-based selling pressure from the speculators today.