Tuesday, November 24, 2015 12:05PM CST
As CFTC seeks to prevent a major market disruption and to bring more algorithmic traders under its regulatory umbrella, livestock producers wonder if the proposed rule on automated trading could reign in some of the volatility that's roiled the cattle and hog markets since Labor Day.
December corn was 2 cents lower, January soybeans were fractionally lower, and December Chicago wheat was 3 cents lower.
Live and feeder contracts seem ready to open moderately higher Tuesday morning, supported by follow-through buying and expectations of firming beef demand. Lean futures are likely to begin with mixed price action in light trade volume.