Corn futures are lower, soybeans lower, and wheat lower at 6 a.m. CST.
By Darin Newsom
DTN Senior Analyst
6:00 a.m. CME Globex: Corn 38 cents lower, soybeans 18 cents lower, and wheat
9 cents lower.
CME Globex Recap: Old-crop corn quickly came under pressure during the CME
Globex overnight session, while soybeans and wheat tried to rally. However, by
early Monday morning, corn had extended its loss pulling the other grains lower
as well. Outside commodities were also down indicating there may be wide scale
long-liquidation underway.
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The risk of loss in trading futures and options can be substantial, therefore only genuine "risk" funds should be used in such trading. Futures and options may not be a suitable investment for all individuals and individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. Information herein has been obtained and prepared from sources believed to be reliable; however no guarantee to its accuracy is made. Comments contained in these materials are not intended to be a solicitation to buy or sell any of the commodities mentioned. Past performance is not indicative of future performance results. Opinions expressed herein are the options of the author only and not the opinion of any firm the author may be affiliated or associated with.
