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Market Snapshot
Quotes retrieved on May 21, 2019, 08:26:35 AM CDT

Commentary
Corn Market Up Another 3 to 6 Cents
Corn futures are 3 to 6 cents higher this morning after USDA confirmed slow US planting progress and weather forecasts continue to suggest more of the same. They saw 2 to 6 1/2 cents gains on Monday, posting multi-month highs in several contracts. Pr...
Lean Hogs Look to Cash for Support
Lean Hog futures settled Monday mixed, with nearby June down 62.5 cents and deferred contracts steady to 75 cents higher. The CME Lean Hog Index was up 38 cents from the previous day @ $84.59 on May 16. The weekly update to the Fresh Bacon Index show...
Cattle Still Leaking Lower on Mixed Beef Trade
Live cattle futures were mostly lower to start the week, with nearby June up a few ticks. Feeder cattle futures were down 32.5 to 82.5 cents, on weakness in live cattle and strength in corn. The CME feeder cattle index was down 30 cents to $132.76 on...
Wheat Markets 5 to 8 Higher on Weather Concerns
Wheat futures are 5 to 8 cents higher this morning after closing Monday with 9 to 16 cent gains in the front months on Monday. KC HRW is the bull leader. There was some short covering in Chicago on Monday, with preliminary OI down 4,222 contracts. Th...
Ag Market Commentary
Corn futures are 3 to 6 cents higher this morning after USDA confirmed slow US planting progress and weather forecasts continue to suggest more of the same. They saw 2 to 6 1/2 cents gains on Monday, posting multi-month highs in several contracts. Pr...
Soybeans Higher on Fund Buying and Planting Delay
Soybean futures are trading 6 to 9 cents higher this morning. They ended the Monday session with the front months 10 to 10 1/2 cents higher. Preliminary open interest rose a modest 4,413 contracts on Monday. Support came from the grain complex and sp...

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