Although the seasonal tendency for October live cattle is firm going into expiration, it does not always suggest a new contract high.

Taking a look at what's happening in soybeans both domestically and around the world.

The soybean market is showing 2 to 5 cent losses across the front months on Monday. CmdtyView’s national front month Cash Bean price is back down 4 1/2 cent at $9.40 1/2. Soymeal futures are up $2.40/ton at midday. There were 43 deliveries issued against December meal. Soy Oil futures...

Corn futures are showing 1 to 2 ¾ cent gains across most contracts on Monday. Preliminary open interest on Friday was up 20,781 contracts. The national average Cash Corn price from cmdtyView is up 1 1/4 cents at $4.14 1/2. Weekly Export Inspections data from USDA indicated 1.05 MMT (41.3...

Wheat is showing gains across the three exchanges at Monday’s midday. Chicago SRW futures are fractionally to 1 ½ cents higher, with December an exception on thin trade. There were 5 delivery notice issued against December Chicago wheat on Friday night. KC HRW contracts are up 3 to 4 cents...

Grain markets have seen a choppy trade to start the week as traders gear up for Tuesday’s WASDE report. Risk of long liquidation lingers over the livestock markets as Funds remain at or near record long across the board.

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Watch us on RFD-TV, today at 9:45am CT! Grain markets were pretty dull in the first half of last week’s trade but found their footing into the weekend. Some of that strength has carried over into the early morning trade. Can corn, soybeans, and wheat clear the big technical resistance levels?

Corn is up fractionally a penny so far on Monday morning. The corn market put on a rally ahead of the weekend as contracts were up 2 ½ to 5 cents across the board on Friday. March was up 7 cents on the week. Preliminary open interest on Friday was...

Wheat is showing gains across the three exchanges on Monday morning. The wheat complex posted mixed action across the three markets on Friday. Chicago SRW futures were fractionally to 2 ½ cents lower, with December down 4 1/4. March was up 9 ¼ cents last week. There were 5 delivery...

The soybean market is showing 4 to 5 cent gains across most nearby contracts on Monday morning. Soybeans shook off the early losses on Friday, but closed with the front months steady to ¼ cent higher and other contracts down 1 ¼ to 2 ¾. January saw a 4 ¼...

Given all that happened over the weekend, markets weren't showing as much volatility early Monday morning as might be expected.