# Market Closes - April 27, 2017 - Kentucky Farm Bureau

> CBOT futures closed steady to higher, with wheat posting the best gains amid wet weather and large fund short positions in corn and wheat. Live and feeder cattle closed up the daily limit on a stronger cash market. Lean hog futures also closed sharply higher.

- Date: 2017-04-25 · published 2017-04-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5393-market-closes-april-27-2017-kentucky-farm-bureau
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Wet weather delaying corn planting could force funds to cover shorts, supporting grain prices. Higher cattle and hog futures reflect firm cash demand for meat.

## Read by commodity

- DXY: bearish ▼
- SOY: bearish ▼
- CORN: bullish ▲
- HOGS: bullish ▲
- WHEAT: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-april-25-2017/
- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-april-27-2017/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.